Sharp increase in CASK’s short interest leads to surge in days-to-cover ratio

CHWY Stock

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. Heritage Distilling Holding Co. Inc shares valued at $58,425 were purchased by Varga Andrew M. on Feb 14 ’25. At $1.23 per share, Varga Andrew M. acquired 47,500 shares. The insider’s holdings grew to 52,500 shares worth approximately $19950.0 following the completion of this transaction.

Also, Marker Beth A purchased 8,500 shares, netting a total of over 9,933 in proceeds. Following the buying of shares at $1.17 each, the insider now holds 8,505 shares.

Before that, Stiefel Justin B had added 2,916 shares to its account. In a trade valued at $3,499, the CEO & Treasurer bought Heritage Distilling Holding Co. Inc shares for $1.20 each. Upon closing the transaction, the insider’s holdings increased to 2,916 shares, worth approximately $16573.7.

Analyzing CASK Stock Performance

On last trading session,, Heritage Distilling Holding Co. Inc [NASDAQ: CASK] plunged -12.70% to $0.38. The stock’s lowest price that day was $0.2656, but it reached a high of $0.4343 in the same session. During the last five days, there has been a drop of approximately -17.61%.

Support And Resistance Levels for Heritage Distilling Holding Co. Inc (CASK)

According to the 24-hour chart, there is a support level at 0.2856, which, if violated, would cause prices to drop to 0.1913. In the upper region, resistance lies at 0.4543. The next price resistance is at 0.5287. RSI (Relative Strength Index) is 34.02 on the 14-day chart, showing neutral technical sentiment.

Is Heritage Distilling Holding Co. Inc subject to short interest?

Stocks of Heritage Distilling Holding Co. Inc saw a sharp rise in short interest on 2025-06-13 jumping by 94688.0 shares to 0.34 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.25 million shares. A jump of 27.53% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.41 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.41.

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