WhiteFiber, Inc. (NASDAQ:WYFI) Short Interest Up 192.2% in September

WhiteFiber, Inc. (NASDAQ:WYFI - Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 1,110,000 shares, an increase of 192.2% from the September 15th total of 379,900 shares. Approximately 11.5% of the company's stock are sold short. Based on an average daily volume of 1,520,000 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 1,520,000 shares, the short-interest ratio is presently 0.7 days. Approximately 11.5% of the company's stock are sold short.Analyst Upgrades and DowngradesA number of equities analysts have weighed in on the company. Macquarie boosted their target price on WhiteFiber from $28.00 to $32.00 and gave the stock an "outperform" rating in a research report on Friday, September 26th. HC Wainwright assumed coverage on WhiteFiber in a research report on Wednesday, October 1st. They issued a "buy" rating and a $34.00 target price for the company. B. Riley assumed coverage on WhiteFiber in a research report on Tuesday, September 2nd. They issued a "buy" rating and a $34.00 target price for the company. Wall Street Zen lowered WhiteFiber from a "hold" rating to a "sell" rating in a research report on Friday, September 5th. Finally, Craig Hallum assumed coverage on WhiteFiber in a research report on Tuesday, September 2nd. They issued a "buy" rating and a $25.00 target price for the company. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, WhiteFiber has an average rating of "Moderate Buy" and a consensus price target of $34.00.View Our Latest Research Report on WYFIWhiteFiber Stock Down 3.7%NASDAQ WYFI opened at $30.27 on Friday. WhiteFiber has a 52 week low of $14.01 and a 52 week high of $40.75. The company's 50-day simple moving average is $24.15. WhiteFiber Company Profile (Get Free Report)We believe we are a leading provider of artificial intelligence (“AI”) infrastructure solutions. We own high-performance computing (“HPC”) data centers and provide cloud-based HPC graphics processing units (“GPU”) services, which we term cloud services, for customers such as AI application and machine learning (“ML”) developers (the “HPC Business”).Featured StoriesFive stocks we like better than WhiteFiberEnergy and Oil Stocks ExplainedJohnson & Johnson's M&A Strategy Is the Real Story for InvestorsBasic Materials Stocks InvestingTesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?How Can Investors Benefit From After-Hours TradingHedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in WhiteFiber Right Now?Before you consider WhiteFiber, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WhiteFiber wasn't on the list.While WhiteFiber currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here