Sharp decrease in CLSK’s short interest leads to decline in days-to-cover ratio

CHWY Stock

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Cleanspark Inc shares valued at $3,518,913 were purchased by Zachary Bradford on Sep 10 ’25. At $9.67 per share, Zachary Bradford acquired 363,900 shares.

Also, Monnig Taylor sold 63,713 shares, netting a total of over 581,063 in proceeds. Following the sale of shares at $9.12 each, the insider now holds 120,337 shares.

Before that, Garrison Scott Eugene had added 40,197 shares to its account. In a trade valued at $368,606, the Officer bought Cleanspark Inc shares for $9.17 each.

As published in their initiating research note from Ladenburg Thalmann on July 28, 2025, Cleanspark Inc [CLSK] has been a Buy and the price target has been revised to $20.25. Analysts at B. Riley Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in early July. Earlier on February 12, 2025, Needham initiated its rating. Their recommendation was “a Buy” for CLSK stock.

Analyzing CLSK Stock Performance

On last trading session, Cleanspark Inc [NASDAQ: CLSK] rose 3.72% to $10.03. The stock’s lowest price that day was $9.777, but it reached a high of $10.2587 in the same session. During the last five days, there has been a surge of approximately 6.25%. Over the course of the year, Cleanspark Inc shares have jumped approximately 16.76%. Shares of the company reached a 52-week high of $13.66 on 07/14/25 and a 52-week low of $6.45 on 04/07/25.

Support And Resistance Levels for Cleanspark Inc (CLSK)

According to the 24-hour chart, there is a support level at 9.78, which, if violated, would cause prices to drop to 9.54. In the upper region, resistance lies at 10.27. The next price resistance is at 10.51. RSI (Relative Strength Index) is 52.07 on the 14-day chart, showing neutral technical sentiment.

Is Cleanspark Inc subject to short interest?

Stocks of Cleanspark Inc saw a sharp steep in short interest on 2025-08-15 dropping by -9.49 million shares to 55.16 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 64.65 million shares. A decline of -17.21% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.54 of the overall float, the days-to-cover ratio (short ratio) decline to 2.54.

Which companies own the most shares of Cleanspark Inc (CLSK)?

In terms of Cleanspark Inc share price expectations, FactSet research, analysts set an average price target of 27 in the next 12 months, up nearly 179.21% from the previous closing price of $9.67. Analysts anticipate Cleanspark Inc stock to reach 27 by 2025, with the lowest price target being 22. In spite of this, 4 analysts ranked Cleanspark Inc stock as Buy at the end of 2025. On January 27, 2025, Keefe Bruyette assigned a price target of “an Outperform” to the stock and initiated coverage with a $19.

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