CarParts.com, Inc. (NASDAQ:PRTS) Sees Significant Decrease in Short Interest

NodeGuardian · 2026-04-09T00:10:39+00:00

CarParts.com saw a 29.2% drop in short interest in March, totaling 935,260 shares. While it exceeded revenue and EPS forecasts, it is still unprofitable, leading analysts to hold a "Reduce" rating with a target price of $0.50.

NodeGuardian

2026-04-09 00:10:39

Abstract generation in progress

CarParts.com (NASDAQ:PRTS) experienced a significant 29.2% decrease in short interest in March, bringing the total to 935,260 shares and a days-to-cover ratio of 0.8. Despite beating quarterly revenue and EPS estimates, the company remains unprofitable with negative net margin and return on equity. Analysts maintain a cautious outlook with a consensus “Reduce” rating and a target price of $0.50.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes