Canaan Inc. (NASDAQ:CAN – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 28,650,000 shares, an increase of 7.7% from the April 30th total of 26,590,000 shares. Based on an average daily volume of 13,290,000 shares, the short-interest ratio is […]
Canaan Inc. (NASDAQ:CAN – Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 28,650,000 shares, an increase of 7.7% from the April 30th total of 26,590,000 shares. Based on an average daily volume of 13,290,000 shares, the short-interest ratio is […]
HC Wainwright restated their buy rating on shares of Canaan (NASDAQ:CAN – Free Report) in a report issued on Monday morning, Benzinga reports. HC Wainwright currently has a $3.00 target price on the stock. HC Wainwright also issued estimates for Canaan’s Q3 2024 earnings at ($0.30) EPS and FY2024 earnings at ($0.90) EPS. Canaan Stock […]
Canaan (NASDAQ:CAN – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at HC Wainwright in a research report issued on Monday, Benzinga reports. They presently have a $3.00 price target on the stock. HC Wainwright’s price objective would suggest a potential upside of 179.07% from the stock’s current price. Canaan Stock […]
Canaan Inc. (NASDAQ:CAN – Get Free Report) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 25,400,000 shares, a decline of 5.5% from the March 31st total of 26,870,000 shares. Based on an average daily volume of 17,200,000 shares, the short-interest ratio is […]