Days-to-cover ratio for SPIR declines to 4.88 due to decline in short interest

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Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Spire Global Inc shares valued at $256,738 were sold by Platzer Peter on Jun 24 ’25. At $9.91 per share, Platzer Peter sold 25,907 shares. The insider’s holdings dropped to 1,614,199 shares worth approximately $18.11 million following the completion of this transaction.

Also, PETER PLATZER purchased 25,907 shares, netting a total of over 251,039 in proceeds.

Before that, Messer Stephen had sold 16,660 shares from its account. In a trade valued at $180,761, the Director traded Spire Global Inc shares for $10.85 each. Upon closing the transaction, the insider’s holdings decreased to 16,660 shares, worth approximately $0.92 million.

As published in a research note from Craig Hallum on November 14, 2024, Spire Global Inc [SPIR] has been rated up from a Hold to a Buy and the price target has been revised to $20 from $8. Analysts at Alliance Global Partners resumed the stock at ‘”a Buy”‘ outlook in a report released in mid November. Earlier on August 28, 2024, Raymond James downgraded its rating. Their new recommendation was “a Mkt perform” for SPIR stock which previously was a “an Outperform”.

Analyzing SPIR Stock Performance

On last trading session,, Spire Global Inc [NYSE: SPIR] rose 14.37% to $11.22. The stock’s lowest price that day was $9.91, but it reached a high of $11.435 in the same session. During the last five days, there has been a surge of approximately 10.65%. Over the course of the year, Spire Global Inc shares have jumped approximately 13.33%. Shares of the company reached a 52-week high of $21.43 on 02/11/25 and a 52-week low of $6.85 on 04/07/25.

Support And Resistance Levels for Spire Global Inc (SPIR)

According to the 24-hour chart, there is a support level at 10.27, which, if violated, would cause prices to drop to 9.33. In the upper region, resistance lies at 11.80. The next price resistance is at 12.38. RSI (Relative Strength Index) is 55.72 on the 14-day chart, showing neutral technical sentiment.

Is Spire Global Inc subject to short interest?

Stocks of Spire Global Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.98 million shares to 3.11 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 4.09 million shares. A decline of -31.6% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.88 of the overall float, the days-to-cover ratio (short ratio) decline to 4.88.

Which companies own the most shares of Spire Global Inc (SPIR)?

In terms of Spire Global Inc share price expectations, FactSet research, analysts set an average price target of 15 in the next 12 months, up nearly 52.91% from the previous closing price of $9.81. Analysts anticipate Spire Global Inc stock to reach 18 by 2025, with the lowest price target being 11. In spite of this, 3 analysts ranked Spire Global Inc stock as Buy at the end of 2025. On August 15, 2024, Robert W. Baird assigned a price target of “a Neutral” to the stock and downgraded coverage with a $9.

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