Hyperliquid Strategies Inc (NASDAQ:PURR) Sees Significant Increase in Short Interest

Posted by Stanley Muller on Jul 4th, 2026

Hyperliquid Strategies Inc (NASDAQ:PURR – Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 14,570,470 shares, a growth of 82.9% from the May 31st total of 7,968,381 shares. Based on an average trading volume of 20,808,955 shares, the short-interest ratio is presently 0.7 days. Approximately 11.0% of the company’s stock are sold short.

Hyperliquid Strategies Price Performance

Shares of PURR opened at $8.05 on Friday. Hyperliquid Strategies has a twelve month low of $3.01 and a twelve month high of $11.62. The company has a market capitalization of $1.16 billion, a P/E ratio of -1.09 and a beta of 1.66. The firm’s 50 day moving average price is $8.01.

Hyperliquid Strategies (NASDAQ:PURR – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $1.01 earnings per share (EPS) for the quarter. The business had revenue of $2.63 million during the quarter. As a group, equities analysts predict that Hyperliquid Strategies will post 2.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Weiss Ratings upgraded Hyperliquid Strategies from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, June 3rd. Maxim Group started coverage on Hyperliquid Strategies in a report on Friday, April 24th. They issued a “buy” rating and a $10.00 price objective for the company. Cantor Fitzgerald raised their price objective on Hyperliquid Strategies from $8.00 to $18.40 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Chardan Capital reissued a “buy” rating and set a $9.75 price objective on shares of Hyperliquid Strategies in a research report on Friday, June 12th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Hyperliquid Strategies currently has an average rating of “Moderate Buy” and a consensus target price of $12.72.

View Our Latest Report on PURR

Institutional Investors Weigh In On Hyperliquid Strategies

Several institutional investors have recently modified their holdings of PURR. Boothbay Fund Management LLC purchased a new position in Hyperliquid Strategies in the 4th quarter worth about $40,000. XTX Topco Ltd bought a new stake in shares of Hyperliquid Strategies in the fourth quarter worth approximately $48,000. Squarepoint Ops LLC bought a new stake in shares of Hyperliquid Strategies in the fourth quarter worth approximately $73,000. Private Advisor Group LLC bought a new stake in shares of Hyperliquid Strategies in the first quarter worth approximately $83,000. Finally, Millennium Management LLC purchased a new position in shares of Hyperliquid Strategies during the fourth quarter valued at approximately $87,000. 9.45% of the stock is owned by hedge funds and other institutional investors.

About Hyperliquid Strategies

(Get Free Report)

Hyperliquid Strategies Inc is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. Hyperliquid Strategies Inc, formerly known as Sonnet BioTherapeutics Holdings Inc, is based in NEW YORK.