Cardlytics, Inc. (NASDAQ:CDLX) Short Interest Down 90.4% in June

Posted by Geri Gentry on Jun 26th, 2026

Cardlytics, Inc. (NASDAQ:CDLX – Get Free Report) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 728,104 shares, a decrease of 90.4% from the May 31st total of 7,561,046 shares. Currently, 13.3% of the shares of the company are sold short. Based on an average daily volume of 121,479 shares, the days-to-cover ratio is currently 6.0 days.

Cardlytics Price Performance

Shares of NASDAQ CDLX traded down $0.13 during midday trading on Friday, reaching $4.84. 61,372 shares of the company traded hands, compared to its average volume of 105,164. The company has a market cap of $28.13 million, a price-to-earnings ratio of -0.27 and a beta of 0.58. The stock has a 50-day moving average price of $7.01 and a 200 day moving average price of $9.03. Cardlytics has a 52 week low of $4.50 and a 52 week high of $32.80.

Insider Transactions at Cardlytics

In related news, insider Nicholas Hollmeyer Lynton sold 4,029 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $9.90, for a total transaction of $39,887.10. Following the completion of the transaction, the insider directly owned 16,785 shares in the company, valued at $166,171.50. This represents a 19.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Amit Gupta sold 6,983 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $11.90, for a total value of $83,097.70. Following the completion of the sale, the chief executive officer directly owned 98,738 shares in the company, valued at $1,174,982.20. This represents a 6.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 22,688 shares of company stock worth $241,288. 5.90% of the stock is currently owned by company insiders.

Institutional Trading of Cardlytics

A number of hedge funds and other institutional investors have recently made changes to their positions in CDLX. Qube Research & Technologies Ltd bought a new position in shares of Cardlytics in the third quarter valued at approximately $55,000. Boothbay Fund Management LLC bought a new stake in Cardlytics during the third quarter worth approximately $74,000. Virtu Financial LLC acquired a new stake in Cardlytics in the fourth quarter worth approximately $39,000. Marshall Wace LLP acquired a new stake in Cardlytics in the second quarter worth approximately $59,000. Finally, Lighthouse Investment Partners LLC bought a new position in Cardlytics during the 3rd quarter valued at $89,000. 68.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CDLX has been the topic of several recent research reports. Lake Street Capital set a $10.00 price objective on shares of Cardlytics in a research report on Friday, May 8th. Needham & Company LLC restated a “hold” rating on shares of Cardlytics in a research report on Thursday, June 18th. Evercore set a $10.00 price target on shares of Cardlytics in a research note on Friday, March 6th. Wall Street Zen cut Cardlytics from a “hold” rating to a “sell” rating in a report on Saturday, June 13th. Finally, Bank of America reiterated an “underperform” rating on shares of Cardlytics in a research report on Thursday, March 5th. Two investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $10.00.

View Our Latest Research Report on CDLX

About Cardlytics

(Get Free Report)

Cardlytics, Inc operates a purchase intelligence and marketing platform that connects advertisers with consumers through bank and credit card transaction data. The company partners with financial institutions to analyze anonymized purchase information, enabling brands to deliver highly targeted offers and rewards directly to customers’ online and mobile banking channels. By leveraging real-time insights into consumer spending habits, Cardlytics helps marketers optimize campaign performance and measure return on ad spend more accurately than traditional digital advertising methods.

At the core of Cardlytics’ offering is its proprietary purchase intelligence engine, which aggregates and anonymizes transaction data from partner banks and credit unions.