Days-to-cover ratio for PGNY surges to 5.9 due to rise in short interest

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Progyny Inc shares valued at $59,037 were sold by Scott Cheryl on Jun 11 ’25. At $22.07 per share, Scott Cheryl sold 2,675 shares. The insider’s holdings dropped to 14,112 shares worth approximately $0.3 million following the completion of this transaction.

Also, Scott Cheryl purchased 2,675 shares, netting a total of over 59,039 in proceeds.

Before that, Cohen Fred E had added 62,244 shares to its account. In a trade valued at $1,349,450, the Former Director bought Progyny Inc shares for $21.68 each.

As published in a research note from JP Morgan on December 02, 2024, Progyny Inc [PGNY] has been rated down from an Overweight to a Neutral and the price target has been revised to $17. Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid November. As of September 19, 2024, JMP Securities has decreased its “Mkt outperform” rating to a “Mkt perform” for PGNY. Earlier on August 07, 2024, Leerink Partners downgraded its rating. Their new recommendation was “a Market perform” for PGNY stock which previously was a “an Outperform”.

Analyzing PGNY Stock Performance

On last trading session,, Progyny Inc [NASDAQ: PGNY] plunged -1.65% to $20.91. The stock’s lowest price that day was $20.89, but it reached a high of $21.27 in the same session. During the last five days, there has been a drop of approximately -2.88%. Over the course of the year, Progyny Inc shares have dropped approximately -19.14%. Shares of the company reached a 52-week high of $26.76 on 02/28/25 and a 52-week low of $17.01 on 01/08/25.

Support And Resistance Levels for Progyny Inc (PGNY)

According to the 24-hour chart, there is a support level at 20.78, which, if violated, would cause prices to drop to 20.64. In the upper region, resistance lies at 21.16. The next price resistance is at 21.40. RSI (Relative Strength Index) is 43.89 on the 14-day chart, showing neutral technical sentiment.

Is Progyny Inc subject to short interest?

Stocks of Progyny Inc saw a sharp rise in short interest on 2025-05-30 jumping by 54997.0 shares to 6.91 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 6.85 million shares. A jump of 0.8% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.9 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.9.

Which companies own the most shares of Progyny Inc (PGNY)?

In terms of Progyny Inc share price expectations, FactSet research, analysts set an average price target of 23 in the next 12 months, up nearly 8.18% from the previous closing price of $21.26. Analysts anticipate Progyny Inc stock to reach 23 by 2025, with the lowest price target being 23. In spite of this, 3 analysts ranked Progyny Inc stock as Buy at the end of 2025. On August 07, 2024, Canaccord Genuity assigned a price target of “a Hold” to the stock and downgraded coverage with a $24.

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