Everspin Tech (NASDAQ:MRAM) Short Interest Update

17 Mar 2026, 00:18 by Jessica Moore · The Cerbat Gem

Everspin Tech (NASDAQ:MRAM – Get Free Report) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 821,680 shares, an increase of 27.8% from the February 12th total of 642,812 shares. Approximately 3.8% of the company’s shares are sold short. Based on an average daily volume of 363,297 shares, the short-interest ratio is currently 2.3 days. Based on an average daily volume of 363,297 shares, the short-interest ratio is currently 2.3 days. Approximately 3.8% of the company’s shares are sold short.

Insider Buying and Selling at Everspin Tech

In other Everspin Tech news, CFO William Earl Cooper sold 6,807 shares of Everspin Tech stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $12.06, for a total value of $82,092.42. Following the transaction, the chief financial officer owned 93,193 shares in the company, valued at $1,123,907.58. This trade represents a 6.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 6.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of Everspin Tech in the second quarter worth about $25,000. Kestra Advisory Services LLC purchased a new stake in shares of Everspin Tech during the 4th quarter valued at about $41,000. State Street Corp lifted its position in Everspin Tech by 5.7% during the 4th quarter. State Street Corp now owns 85,288 shares of the business services provider’s stock worth $791,000 after acquiring an additional 4,600 shares in the last quarter. Bank of America Corp DE lifted its position in Everspin Tech by 28.6% during the 2nd quarter. Bank of America Corp DE now owns 27,150 shares of the business services provider’s stock worth $171,000 after acquiring an additional 6,041 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Everspin Tech by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 221,189 shares of the business services provider’s stock worth $2,054,000 after acquiring an additional 8,618 shares during the period. 44.68% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MRAM. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Everspin Tech in a research report on Monday, December 29th. Needham & Company LLC dropped their price target on Everspin Tech from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, March 5th. Finally, Wall Street Zen downgraded Everspin Tech from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $14.00.

View Our Latest Stock Report on Everspin Tech

Everspin Tech Trading Up 2.7%

MRAM traded up $0.24 during trading on Monday, hitting $9.06. 208,788 shares of the company’s stock were exchanged, compared to its average volume of 489,853. Everspin Tech has a 1 year low of $4.34 and a 1 year high of $17.24. The stock has a 50 day moving average price of $11.50 and a 200 day moving average price of $9.88. The firm has a market cap of $209.47 million, a P/E ratio of -302.00 and a beta of 0.86.

Everspin Tech (NASDAQ:MRAM – Get Free Report) last issued its earnings results on Wednesday, March 4th. The business services provider reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $14.80 million for the quarter, compared to the consensus estimate of $14.45 million. Everspin Tech had a negative net margin of 1.06% and a negative return on equity of 0.90%. Everspin Tech has set its Q1 2026 guidance at 0.070-0.120 EPS.

About Everspin Tech

(Get Free Report)

Everspin Technologies, Inc (NASDAQ: MRAM) is a semiconductor company specializing in the design, development and marketing of magnetoresistive random access memory (MRAM) solutions. Established in 2008 as a spin-out from Freescale Semiconductor, the company pioneered commercial MRAM products and continues to advance the technology through successive generations, including Toggle MRAM and spin-transfer torque (STT) MRAM. Everspin’s non-volatile memory devices offer a unique combination of performance, endurance and data retention for a variety of applications.