Rise in HUT’s short interest indicates Bearish sentiment

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Hut 8 Corp shares valued at $225,675 were sold by Flinn Joseph on Aug 28 ’25. At $26.55 per share, Flinn Joseph sold 8,500 shares. The insider’s holdings dropped to 9,791 shares worth approximately $0.31 million following the completion of this transaction.

Also, Flinn Joseph sold 1,500 shares, netting a total of over 39,939 in proceeds. Following the sale of shares at $26.63 each, the insider now holds 18,291 shares.

Before that, Flinn Joseph had added 8,500 shares to its account. In a trade valued at $225,675, the Director bought Hut 8 Corp shares for $26.55 each.

As published in their initiating research note from Roth Capital on June 06, 2025, Hut 8 Corp [HUT] has been a Buy and the price target has been revised to $25. Analysts at Citizens JMP started covering the stock with ‘”a Mkt outperform”‘ outlook in a report released in late May. As of May 14, 2025, B. Riley Securities has initiated its “Buy” rating for HUT. Earlier on May 01, 2025, Maxim Group initiated its rating. Their recommendation was “a Buy” for HUT stock.

Analyzing HUT Stock Performance

On last trading session, Hut 8 Corp [NASDAQ: HUT] rose 3.26% to $31.96. The stock’s lowest price that day was $30.66, but it reached a high of $32.22 in the same session. During the last five days, there has been a surge of approximately 24.79%. Over the course of the year, Hut 8 Corp shares have jumped approximately 220.56%. Shares of the company reached a 52-week high of $32.22 on 09/11/25 and a 52-week low of $10.04 on 04/04/25.

Support And Resistance Levels for Hut 8 Corp (HUT)

According to the 24-hour chart, there is a support level at 31.01, which, if violated, would cause prices to drop to 30.05. In the upper region, resistance lies at 32.57. The next price resistance is at 33.17. RSI (Relative Strength Index) is 74.60 on the 14-day chart, showing overbought technical sentiment.

Is Hut 8 Corp subject to short interest?

Stocks of Hut 8 Corp saw a sharp rise in short interest on 2025-08-29 jumping by 0.71 million shares to 16.0 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 15.29 million shares. A jump of 4.44% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.13 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.13.

Which companies own the most shares of Hut 8 Corp (HUT)?

In terms of Hut 8 Corp share price expectations, FactSet research, analysts set an average price target of 26 in the next 12 months, down nearly -15.99% from the previous closing price of $30.95. Analysts anticipate Hut 8 Corp stock to reach 33 by 2025, with the lowest price target being 20. In spite of this, 12 analysts ranked Hut 8 Corp stock as Buy at the end of 2025. On April 21, 2025, Northland Capital assigned a price target of “an Outperform” to the stock and initiated coverage with a $20.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.