EuroDry (NASDAQ:EDRY) Shares Shorted: Short Interest Up 73.7% in September

Posted by Stanley Muller on Oct 1st, 2026

EuroDry (NASDAQ:EDRY – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 237,860 shares, an increase of 73.7% from the August 31st total of 136,921 shares. Based on an average daily trading volume, of 176,979 shares, the days-to-cover ratio is presently 1.3 days. Approximately 17.1% of the shares of the stock are short sold.

EuroDry Price Performance

NASDAQ:EDRY traded up $3.25 during mid-day trading on Thursday, hitting $54.78. 29,159 shares of the company’s stock traded hands, compared to its average volume of 64,410. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.23 and a current ratio of 1.28. The firm’s 50 day simple moving average is $46.35 and its 200 day simple moving average is $30.25. EuroDry has a 1 year low of $11.94 and a 1 year high of $73.07. The company has a market cap of $157.21 million, a PE ratio of 16.61 and a beta of 0.74.

EuroDry (NASDAQ:EDRY – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $1.21. The company had revenue of $17.70 million for the quarter, compared to the consensus estimate of $17.86 million. EuroDry had a net margin of 15.02% and a return on equity of 8.77%. Sell-side analysts expect that EuroDry will post 5.77 EPS for the current year.

Insider Buying and Selling at EuroDry

In other EuroDry news, insider Symeon Pariaros sold 2,700 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $42.00, for a total value of $113,400.00. Following the completion of the transaction, the insider owned 4,576 shares in the company, valued at approximately $192,192. This represents a 37.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Aristeidis Pittas sold 2,950 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $50.76, for a total transaction of $149,742.00. Following the sale, the director owned 33,020 shares in the company, valued at $1,676,095.20. The trade was a 8.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 12,726 shares of company stock valued at $568,005 in the last quarter. 51.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On EuroDry

A hedge fund recently bought a new stake in EuroDry stock. BlackRock Inc. acquired a new stake in EuroDry (NASDAQ:EDRY – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,135 shares of the company’s stock, valued at approximately $47,000. BlackRock Inc. owned approximately 0.07% of EuroDry as of its most recent SEC filing. 2.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Alliance Global Partners restated a “buy” rating on shares of EuroDry in a research report on Friday, August 7th. Zacks Research raised EuroDry from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 10th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of EuroDry in a report on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, EuroDry has a consensus rating of “Moderate Buy” and an average price target of $23.50.

Check Out Our Latest Stock Analysis on EuroDry

About EuroDry

(Get Free Report)

EuroDry Ltd. (NASDAQ: EDRY) is an international dry bulk shipping company that owns and operates ocean-going vessels. The company provides seaborne transportation for a broad range of bulk commodities, including grain, iron ore, coal, steel products, fertilizers and forest products.

EuroDry’s vessels serve commercial customers and trading routes in global markets, transporting dry bulk cargoes between major ports and commodity-producing and consuming regions. Its fleet has included vessels in the Panamax, Kamsarmax, Ultramax and Handy-size segments, allowing the company to serve a variety of cargo volumes and trade routes.

EuroDry was established in 1997 and is incorporated in the Republic of the Marshall Islands.