IREN Limited (NASDAQ: IREN) Stock Today, November 26, 2025 – Price Action, New Derivatives, Short Interest and the AI Cloud Story
IREN shares traded near $47–49 midday Wednesday after opening at $49.38, following a multi-week surge fueled by a $9.7 billion Microsoft deal and record Q1 results. Short interest stands at 19.8% of float, with options activity and new leveraged ETFs amplifying volatility. Institutional ownership is just over 41%. The stock remains up more than 400% in the past year but has retreated from mid-$70s highs.