Xunlei Limited (NASDAQ:XNET) Short Interest Update

Xunlei Limited (NASDAQ:XNET) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,330,000 shares, agrowthof48.4% from the July 15th total of 896,100 shares. Based on an average daily volume of 687,300 shares, the days-to-cover ratio is currently 1.9 days. Currently,2.2% of the shares of the stock are sold short. Currently,2.2% of the shares of the stock are sold short. Based on an average daily volume of 687,300 shares, the days-to-cover ratio is currently 1.9 days.

Xunlei Trading Down 10.2%

NASDAQ XNET opened at $7.89 on Wednesday. The stock’s 50-day simple moving average is $4.81 and its two-hundred day simple moving average is $4.47. Xunlei has a twelve month low of $1.51 and a twelve month high of $8.80. The company has a quick ratio of 2.60, a current ratio of 2.10 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $493.60 million, a price-to-earnings ratio of 0.69 and a beta of 0.88.

Xunlei (NASDAQ:XNET) last issued its earnings results on Thursday, August 14th. The software maker reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $103.54 million during the quarter. Xunlei had a return on equity of 4.50% and a net margin of 202.62%. Xunlei has set its Q3 2025 guidance at EPS.

Analyst Ratings Changes

Separately, Wall Street Zen raised Xunlei from a “hold” rating to a “buy” rating in a report on Saturday.

Institutional Trading of Xunlei

Several large investors have recently modified their holdings of XNET. Nomura Holdings Inc. bought a new stake in shares of Xunlei in the first quarter worth about $1,965,000. Connor Clark & Lunn Investment Management Ltd. increased its position in Xunlei by 314.7% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 196,328 shares of the software maker’s stock valued at $795,000 after purchasing an additional 148,982 shares during the period. Jane Street Group LLC raised its holdings in Xunlei by 827.1% in the 2nd quarter. Jane Street Group LLC now owns 88,917 shares of the software maker’s stock worth $360,000 after purchasing an additional 101,146 shares in the last quarter. Marshall Wace LLP bought a new position in Xunlei in the 2nd quarter worth $219,000. Finally, XTX Topco Ltd raised its holdings in Xunlei by 244.1% in the 2nd quarter. XTX Topco Ltd now owns 75,032 shares of the software maker’s stock worth $304,000 after purchasing an additional 53,226 shares in the last quarter. 5.07% of the stock is owned by institutional investors.

Xunlei Company Profile

Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.