Nayax Ltd. (NASDAQ:NYAX) Sees Large Drop in Short Interest

Market Beat
2026.01.15 02:16
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Nayax Ltd. (NASDAQ:NYAX) experienced a significant decline in short interest, dropping 58.5% to 21,444 shares by December 31. The short-interest ratio is now 3.8 days, with approximately 0.1% of shares sold short. Institutional investors have increased their stakes, with Russell Investments raising its position by 210.5%. Analysts have mixed ratings, with a consensus rating of "Hold" and a price target of $49.00. Nayax's stock traded at $58.72, with a market cap of $2.08 billion and a P/E ratio of 171.21. The company reported earnings of $0.09 per share, missing estimates.