HIVE Digital Technologies Ltd (NASDAQ: HIVE) Has Succeeded In Attracting Investors This Year, The Stock Is Down -40.18% Year-To-Date

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HIVE Digital Technologies Ltd (NASDAQ:HIVE)’s traded shares stood at 2.97 million during the latest session, with the company’s beta value hitting 4.81. At the last check today, the stock’s price was $1.71, to imply an increase of 1.49% or $0.03 in intraday trading. The HIVE share’s 52-week high remains $5.54, putting it -223.98% down since that peak but still an impressive 5.85% since price per share fell to its 52-week low of $1.61. The company has a valuation of $269.54M, with an average of 8.12 million shares in intraday trading volume over the past 10 days and average of 10.00 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for HIVE Digital Technologies Ltd (HIVE), translating to a mean rating of 1.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give HIVE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy.

HIVE Digital Technologies Ltd (NASDAQ:HIVE) trade information

After registering a 1.49% upside in the latest session, HIVE Digital Technologies Ltd (HIVE) has traded red over the past five days. The 5-day price performance for the stock is 2.10%, and -38.00% over 30 days. With these gigs, the year-to-date price performance is -40.18%. Short interest in HIVE Digital Technologies Ltd (NASDAQ:HIVE) saw shorts transact 9.67 million shares and set a 0.92 days time to cover.

The extremes give us $7.5 and $9 for target low and target high price respectively. As such, HIVE has been trading -426.32% off suggested target high and -338.6% from its likely low.

HIVE Dividends

HIVE Digital Technologies Ltd has its next earnings report out on 2025-Feb-10. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

HIVE Digital Technologies Ltd (NASDAQ:HIVE)’s Major holders

HIVE Digital Technologies Ltd insiders hold 0.37% of total outstanding shares, with institutional holders owning 22.64% of the shares at 22.73% float percentage. In total, 22.64% institutions holds shares in the company, led by TOROSO INVESTMENTS, LLC. As of 2024-06-30, the company held over 4.28 million shares (or 3.8631% of shares), all amounting to roughly $13.17 million.

The next major institution holding the largest number of shares is VAN ECK ASSOCIATES CORP with 3.89 million shares, or about 3.5184% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.99 million.

We also have Amplify Transformational Data Sharing ETF and Valkyrie Bitcoin Miners ETF as the top two Mutual Funds with the largest holdings of the HIVE Digital Technologies Ltd (HIVE) shares. Going by data provided on Dec 31, 2024 , Amplify Transformational Data Sharing ETF holds roughly 4.18 shares. This is just over 2.64% of the total shares, with a market valuation of $7.1 million. Data from the same date shows that the other fund manager holds a little less at 2.48, or 1.57% of the shares, all valued at about 4.22 million.