Days-to-cover ratio for NVEC surges to 3.88 due to rise in short interest

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. NVE Corp shares valued at $5,797 were purchased by BRACKE JAMES W on Apr 04 ’25. At $57.97 per share, BRACKE JAMES W acquired 100 shares. The insider’s holdings grew to 600 shares worth approximately $41958.00000000001 following the completion of this transaction.

Also, PATRICIA M HOLLISTER purchased 2,000 shares, netting a total of over 149,858 in proceeds.

Before that, GLARNER TERRENCE had sold 500 shares from its account. In a trade valued at $36,730, the Director traded NVE Corp shares for $73.46 each. Upon closing the transaction, the insider’s holdings decreased to 500 shares, worth approximately $48951.00000000001.

As published in their initiating research note from GC Research on January 12, 2010, NVE Corp [NVEC] has been an Overweight and the price target has been revised to $55. Analysts at Feltl & Co. resumed the stock at ‘”a Hold”‘ outlook in a report released in early May. As of March 24, 2009, Feltl & Co. has initiated its “Hold” rating for NVEC. Earlier on January 24, 2008, Northland Securities upgraded its rating. Their new recommendation was “an Outperform” for NVEC stock which previously was a “a Market perform”.

Analyzing NVEC Stock Performance

On last trading session,, NVE Corp [NASDAQ: NVEC] plunged -0.47% to $69.93. The stock’s lowest price that day was $69.1, but it reached a high of $71.765 in the same session. During the last five days, there has been a drop of approximately -4.70%. Over the course of the year, NVE Corp shares have dropped approximately -14.12%. Shares of the company reached a 52-week high of $88.50 on 01/07/25 and a 52-week low of $51.50 on 04/09/25.

Support And Resistance Levels for NVE Corp (NVEC)

According to the 24-hour chart, there is a support level at 68.76, which, if violated, would cause prices to drop to 67.60. In the upper region, resistance lies at 71.43. The next price resistance is at 72.93. RSI (Relative Strength Index) is 49.39 on the 14-day chart, showing neutral technical sentiment.

Is NVE Corp subject to short interest?

Stocks of NVE Corp saw a sharp rise in short interest on 2025-05-30 jumping by 13267.0 shares to 0.13 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.11 million shares. A jump of 10.35% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.88 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.88.

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