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SG Americas Securities LLC Purchases New Position in Canaan Inc. (NASDAQ:CAN)

SG Americas Securities LLC purchased a new stake in shares of Canaan Inc. (NASDAQ:CAN – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 4,030,740 shares of the company’s stock, valued at approximately $9,311,000. SG Americas Securities LLC owned about 2.29% of Canaan at the end […] ....

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Analysts Offer Predictions for Canaan Inc.'s Q1 2024 Earnings (NASDAQ:CAN)

Canaan Inc. (NASDAQ:CAN – Free Report) – Investment analysts at HC Wainwright issued their Q1 2024 earnings estimates for shares of Canaan in a research note issued on Wednesday, February 28th. HC Wainwright analyst K. Dede anticipates that the company will post earnings of ($0.04) per share for the quarter. HC Wainwright currently has a […] ....

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Canaan Inc. (NASDAQ:CAN) Sees Large Decrease in Short Interest

Canaan Inc. (NASDAQ:CAN – Get Free Report) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 18,220,000 shares, a decline of 16.2% from the December 31st total of 21,740,000 shares. Based on an average daily volume of 13,360,000 shares, the days-to-cover ratio is […] ....

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