DRCT short interest fall by -49.9%, reflecting positive sentiment

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. Direct Digital Holdings Inc shares valued at $1,809 were sold by Cohen Richard on Jun 12 ’25. At $0.53 per share, Cohen Richard sold 3,414 shares. The insider’s holdings dropped to 70,302 shares worth approximately $43587.24 following the completion of this transaction.

Also, Leatherberry Antoinette Renee sold 2,028 shares, netting a total of over 1,075 in proceeds. Following the sale of shares at $0.53 each, the insider now holds 74,442 shares.

Before that, Locke Mistelle had sold 3,432 shares from its account. In a trade valued at $1,785, the Director traded Direct Digital Holdings Inc shares for $0.52 each. Upon closing the transaction, the insider’s holdings decreased to 3,432 shares, worth approximately $25077.14.

As published in a research note from Noble Capital Markets on March 27, 2024, Direct Digital Holdings Inc [DRCT] has been rated down from an Outperform to a Market perform.

Analyzing DRCT Stock Performance

On last trading session, Direct Digital Holdings Inc [NASDAQ: DRCT] rose 2.57% to $0.62. The stock’s lowest price that day was $0.6001, but it reached a high of $0.6422 in the same session. During the last five days, there has been a surge of approximately 11.82%. Over the course of the year, Direct Digital Holdings Inc shares have dropped approximately -86.68%. Shares of the company reached a 52-week high of $2.6100 on 01/10/25 and a 52-week low of $0.4393 on 05/22/25.

Support And Resistance Levels for Direct Digital Holdings Inc (DRCT)

According to the 24-hour chart, there is a support level at 0.6015, which, if violated, would cause prices to drop to 0.5797. In the upper region, resistance lies at 0.6436. The next price resistance is at 0.6639. RSI (Relative Strength Index) is 63.34 on the 14-day chart, showing neutral technical sentiment.

Is Direct Digital Holdings Inc subject to short interest?

Stocks of Direct Digital Holdings Inc saw a sharp steep in short interest on 2025-06-13 dropping by 79796.0 shares to 0.16 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.24 million shares. A decline of -49.9% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.42 of the overall float, the days-to-cover ratio (short ratio) decline to 0.42.

Which companies own the most shares of Direct Digital Holdings Inc (DRCT)?

In terms of Direct Digital Holdings Inc share price expectations, FactSet research, analysts set an average price target of 8 in the next 12 months, up nearly 1211.48% from the previous closing price of $0.61. Analysts anticipate Direct Digital Holdings Inc stock to reach 8 by 2025, with the lowest price target being 8. In spite of this, 1 analysts ranked Direct Digital Holdings Inc stock as Buy at the end of 2025.

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