DevvStream Corp. (NASDAQ:DEVS) Short Interest Down 75.4% in April

Posted by Bonnie Powley on May 14th, 2026

DevvStream Corp. (NASDAQ:DEVS – Get Free Report) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 138,889 shares, a drop of 75.4% from the April 15th total of 564,532 shares. Based on an average daily trading volume, of 425,748 shares, the days-to-cover ratio is currently 0.3 days. Currently, 2.7% of the shares of the stock are short sold.

Hedge Funds Weigh In On DevvStream

An institutional investor recently bought a new position in DevvStream stock. DRW Securities LLC purchased a new position in DevvStream Corp. (NASDAQ:DEVS – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 68,746 shares of the company’s stock, valued at approximately $94,000. DRW Securities LLC owned approximately 1.79% of DevvStream at the end of the most recent quarter. 75.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of DevvStream in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on DevvStream

DevvStream Stock Up 19.6%

DevvStream stock traded up $0.03 during mid-day trading on Thursday, hitting $0.19. The company’s stock had a trading volume of 6,072,239 shares, compared to its average volume of 2,889,945. The stock has a market capitalization of $1.01 million, a P/E ratio of -0.12 and a beta of 0.32. DevvStream has a twelve month low of $0.14 and a twelve month high of $10.10. The stock’s fifty day moving average price is $0.57 and its two-hundred day moving average price is $1.09.

DevvStream (NASDAQ:DEVS – Get Free Report) last announced its quarterly earnings data on Friday, March 13th. The company reported ($0.80) EPS for the quarter. The firm had revenue of $0.01 million during the quarter.

DevvStream Company Profile

(Get Free Report)

DevvStream Holdings Inc is a carbon credit project co-development and generation firm specializing in technology-based solutions. DevvStream Holdings Inc, formerly known as Focus Impact Acquisition Corp., is based in NEW YORK.