POET Technologies Inc. (NASDAQ:POET) Sees Large Increase in Short Interest

03 Jun 2026, 05:33 by Teresa Graham · The Cerbat Gem

POET Technologies Inc. (NASDAQ:POET – Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 30,606,745 shares, a growth of 109.1% from the April 30th total of 14,636,750 shares. Currently, 20.0% of the shares of the stock are sold short. Based on an average daily volume of 69,175,918 shares, the days-to-cover ratio is currently 0.4 days.

More POET Technologies News

Here are the key news stories impacting POET Technologies this week:

Neutral Sentiment: POET continues to be the subject of repeated class-action notices reminding shareholders of the June 29 lead-plaintiff deadline. Article Title
Neutral Sentiment: One article framed recent developments around Lumilens, capacity expansion, and a U.S. move, suggesting the company’s investment story is evolving, though the item provided no detailed new catalyst. Article Title
Negative Sentiment: Multiple firms are actively reminding investors of a securities class action against POET, which adds legal uncertainty and can weigh on shares. Article Title
Negative Sentiment: The lawsuit-related headlines may keep investors focused on alleged disclosure problems and potential compensation claims rather than near-term fundamentals. Article Title

POET Technologies Trading Down 0.3%

Shares of NASDAQ:POET traded down $0.04 during trading on Tuesday, hitting $13.85. 46,363,140 shares of the company’s stock were exchanged, compared to its average volume of 58,223,800. The firm has a market cap of $2.13 billion, a P/E ratio of -20.41 and a beta of 0.75. The firm has a 50-day moving average price of $9.77 and a two-hundred day moving average price of $7.51. POET Technologies has a 1-year low of $3.87 and a 1-year high of $20.81.

POET Technologies (NASDAQ:POET – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.04). POET Technologies had a negative net margin of 5,786.60% and a negative return on equity of 27.24%. The company had revenue of $0.50 million during the quarter, compared to analyst estimates of $0.25 million. As a group, research analysts predict that POET Technologies will post -0.21 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Wall Street Zen lowered shares of POET Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of POET Technologies in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell” and a consensus target price of $8.00.

View Our Latest Stock Report on POET

Institutional Investors Weigh In On POET Technologies

Several institutional investors have recently bought and sold shares of the company. Federation des caisses Desjardins du Quebec raised its holdings in shares of POET Technologies by 33.6% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 618,604 shares of the company’s stock valued at $3,910,000 after purchasing an additional 155,428 shares during the last quarter. Private Advisor Group LLC acquired a new position in POET Technologies during the fourth quarter worth $2,707,000. Raymond James Financial Inc. boosted its holdings in POET Technologies by 75.1% during the third quarter. Raymond James Financial Inc. now owns 413,333 shares of the company’s stock worth $2,290,000 after purchasing an additional 177,341 shares during the last quarter. Royal Bank of Canada grew its position in POET Technologies by 46.8% in the first quarter. Royal Bank of Canada now owns 182,682 shares of the company’s stock valued at $1,085,000 after purchasing an additional 58,214 shares in the last quarter. Finally, Jump Financial LLC bought a new stake in POET Technologies during the 2nd quarter worth about $619,000. Institutional investors own 1.99% of the company’s stock.

About POET Technologies

(Get Free Report)

POET Technologies Inc is a Canadian fabless semiconductor company focused on the development and commercialization of integrated silicon photonics platforms. Leveraging proprietary POET Optical Interposer™ technology, the company designs and manufactures optical input/output (I/O) solutions that enable high-bandwidth, low-power data transmission between electronic chips and fiber-optic networks. By integrating optical waveguides, lasers, detectors and electronic drivers onto a single chip, POET aims to address the growing demand for faster, more energy-efficient data connectivity in telecommunications, data centers and high-performance computing applications.