Short Interest in FreeCast (Direct Listing) (NASDAQ:CAST) Grows By 60.3%

Posted by Geri Gentry on Aug 17th, 2026

FreeCast (Direct Listing) (NASDAQ:CAST – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,101,215 shares, an increase of 60.3% from the July 15th total of 687,087 shares. Approximately 5.7% of the shares of the company are short sold. Based on an average daily trading volume, of 510,565 shares, the short-interest ratio is currently 2.2 days.

FreeCast (Direct Listing) Stock Down 13.7%

Shares of CAST traded down $0.14 during trading hours on Monday, hitting $0.86. 1,655,047 shares of the company were exchanged, compared to its average volume of 5,581,838. The business’s fifty day moving average is $3.26. The company has a market capitalization of $35.54 million and a P/E ratio of -4.78. FreeCast has a one year low of $0.50 and a one year high of $33.00.

FreeCast (Direct Listing) (NASDAQ:CAST – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. The firm had revenue of $0.09 million during the quarter. Equities analysts anticipate that FreeCast will post -0.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Zacks Research raised FreeCast (Direct Listing) to a “hold” rating in a research note on Wednesday, June 10th. Maxim Group initiated coverage on FreeCast (Direct Listing) in a report on Friday, April 24th. They set a “buy” rating and a $6.00 price target on the stock. Wall Street Zen raised shares of FreeCast (Direct Listing) from a “strong sell” rating to a “sell” rating in a report on Saturday, June 20th. Finally, Weiss Ratings began coverage on shares of FreeCast (Direct Listing) in a research report on Wednesday, June 3rd. They issued a “sell (e-)” rating for the company. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, FreeCast (Direct Listing) has an average rating of “Hold” and a consensus target price of $6.00.

View Our Latest Analysis on CAST

FreeCast (Direct Listing) Company Profile

(Get Free Report)

FreeCast, Inc is a digital media and streaming-technology company that operates a platform for aggregated video content and content discovery. The company focuses on enabling consumers to find and access free, ad-supported and subscription video across connected TVs, mobile devices and the web through a unified interface. FreeCast’s offering is positioned to address fragmentation in the streaming ecosystem by simplifying discovery and centralizing access to disparate streaming sources.

Its core activities center on content aggregation, distribution and monetization tools for both end users and business partners.