Negative sentiment towards ASH reflected in surge 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. Ashland Inc shares valued at $2,010,327 were purchased by NOVO GUILLERMO on Jan 31 ’25. At $64.24 per share, NOVO GUILLERMO acquired 31,294 shares. The insider’s holdings grew to 31,294 shares worth approximately $1.56 million following the completion of this transaction.

Also, Assis Alessandra Faccin purchased 3,150 shares, netting a total of over 201,600 in proceeds. Following the buying of shares at $64.00 each, the insider now holds 3,150 shares.

Before that, BONI ERIC N had sold 451 shares from its account. In a trade valued at $35,210, the VP, Finance & Prinpl Acctg Off traded Ashland Inc shares for $78.07 each. Upon closing the transaction, the insider’s holdings decreased to 451 shares, worth approximately $0.71 million.

As published in a research note from Wells Fargo on May 01, 2025, Ashland Inc [ASH] has been rated down from an Overweight to an Equal weight. Analysts at JP Morgan upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in late March. As of March 05, 2025, Seaport Research Partners has decreased its “Buy” rating to a “Neutral” for ASH. Earlier on August 08, 2024, JP Morgan upgraded its rating. Their new recommendation was “a Neutral” for ASH stock which previously was a “an Underweight”.

Analyzing ASH Stock Performance

On last trading session,, Ashland Inc [NYSE: ASH] plunged -1.46% to $49.94. The stock’s lowest price that day was $49.79, but it reached a high of $50.64 in the same session. During the last five days, there has been a surge of approximately 1.71%. Over the course of the year, Ashland Inc shares have dropped approximately -48.44%. Shares of the company reached a 52-week high of $73.31 on 01/21/25 and a 52-week low of $45.21 on 04/09/25.

Support And Resistance Levels for Ashland Inc (ASH)

According to the 24-hour chart, there is a support level at 49.61, which, if violated, would cause prices to drop to 49.27. In the upper region, resistance lies at 50.46. The next price resistance is at 50.97. RSI (Relative Strength Index) is 47.83 on the 14-day chart, showing neutral technical sentiment.

Is Ashland Inc subject to short interest?

Stocks of Ashland Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.19 million shares to 1.53 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.34 million shares. A jump of 12.43% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.37 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.37.

Which companies own the most shares of Ashland Inc (ASH)?

In terms of Ashland Inc share price expectations, FactSet research, analysts set an average price target of 60 in the next 12 months, up nearly 18.39% from the previous closing price of $50.68. Analysts anticipate Ashland Inc stock to reach 60 by 2025, with the lowest price target being 60. In spite of this, 4 analysts ranked Ashland Inc stock as Buy at the end of 2025. On April 11, 2024, Wells Fargo assigned a price target of “an Overweight” to the stock and upgraded coverage with a $112.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.