Opera Limited Sponsored ADR (NASDAQ:OPRA) Short Interest Up 21.8% in January

Opera Limited Sponsored ADR (NASDAQ:OPRA) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 3,639,257 shares, a growth of 21.8% from the December 31st total of 2,986,985 shares. Based on an average trading volume of 802,562 shares, the days-to-cover ratio is presently 4.5 days. Approximately 26.0% of the company’s shares are sold short. Approximately 26.0% of the company’s shares are sold short. Based on an average trading volume of 802,562 shares, the days-to-cover ratio is presently 4.5 days.

Institutional Trading of Opera

A number of institutional investors and hedge funds have recently modified their holdings of the company. Foster Dykema Cabot & Partners LLC acquired a new position in Opera in the 3rd quarter valued at $42,000. Huntington National Bank boosted its holdings in Opera by 37.8% during the third quarter. Huntington National Bank now owns 3,305 shares of the company’s stock valued at $68,000 after acquiring an additional 906 shares during the period. State of Tennessee Department of Treasury acquired a new stake in shares of Opera in the second quarter valued at about $83,000. IFP Advisors Inc increased its stake in shares of Opera by 127.0% in the third quarter. IFP Advisors Inc now owns 11,350 shares of the company’s stock worth $234,000 after purchasing an additional 6,350 shares during the period. Finally, Quent Capital LLC acquired a new position in shares of Opera during the 4th quarter worth about $212,000. 10.21% of the stock is currently owned by institutional investors and hedge funds.

More Opera News

Here are the key news stories impacting Opera this week:

• Positive Sentiment: Zacks reports OPRA surged ~13.5% in the prior session on higher‑than‑average volume, highlighting renewed momentum and investor attention that can attract short‑term buyers. Opera Limited (OPRA) Surges 13.5%: Is This an Indication of Further Gains?
• Positive Sentiment: Investor write‑ups (InsiderMonkey) outline a bull case focused on Opera’s browser/ad products, modest valuation metrics and potential upside if monetization or buyback catalysts materialize — these narratives can support further buying interest. Opera Limited (OPRA): A Bull Case Theory
• Positive Sentiment: Another bull‑theory piece (MSN summary) reiterates similar valuation/operational upside themes that likely contributed to recent momentum among retail/value investors. Opera Limited (OPRA): A bull case theory
• Neutral Sentiment: Zacks also cautions that recent earnings‑estimate revision trends may not guarantee sustained gains — the surge could be momentum‑driven rather than backed by immediate fundamental upgrades. Opera Limited (OPRA) Surges 13.5%: Is This an Indication of Further Gains?
• Negative Sentiment: Technical and liquidity headwinds: the stock is trading below its 50‑day ($13.92) and 200‑day ($15.59) moving averages, sits close to its 52‑week low ($12.41), and today’s volume is below the average — factors that increase downside risk if buyers don’t sustain interest. (Market cap ≈ $1.14B; P/E ≈ 14.1.)

Opera Stock Down 4.0%

OPRA stock traded down $0.53 during trading hours on Wednesday, hitting $12.66. The company’s stock had a trading volume of 592,029 shares, compared to its average volume of 787,700. Opera has a 12 month low of $12.41 and a 12 month high of $22.50. The stock has a 50 day moving average price of $13.92 and a two-hundred day moving average price of $15.59. The company has a market capitalization of $1.13 billion, a PE ratio of 14.07 and a beta of 1.23.

Opera Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 14th. Stockholders of record on Wednesday, January 7th were paid a dividend of $0.40 per share. This represents a dividend yield of 554.0%. The ex-dividend date was Wednesday, January 7th. Opera’s dividend payout ratio is 86.67%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on OPRA. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Opera in a research report on Monday, December 29th. Zacks Research upgraded Opera from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Finally, The Goldman Sachs Group lowered their price objective on shares of Opera from $24.50 to $21.50 and set a “buy” rating on the stock in a research report on Tuesday, January 13th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $23.50.

About Opera

Opera Limited (NASDAQ: OPRA) is a global software and internet services company best known for its cross-platform web browsers, including the flagship Opera Browser, Opera Mini for mobile devices and Opera GX designed for the gaming community. The company integrates features such as ad blocking, built-in VPN services and a cryptocurrency wallet into its desktop and mobile applications, aiming to deliver fast, secure and feature-rich browsing experiences to hundreds of millions of users worldwide.

Beyond its consumer-facing browsers, Opera operates Opera News, a personalized content and news aggregation platform with a strong presence in Africa and Asia, and Opera Ads, a digital advertising network that leverages user-behavior data to provide targeted ad placements across devices.