Days-to-cover ratio for ASAN surges to 2.23 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. Asana Inc shares valued at $3,383,595 were purchased by Moskovitz Dustin A. on Jul 22 ’25. At $15.04 per share, Moskovitz Dustin A. acquired 225,000 shares. The insider’s holdings grew to 54,180,999 shares worth approximately $819.22 million following the completion of this transaction.

Also, Moskovitz Dustin A. purchased 225,000 shares, netting a total of over 3,354,975 in proceeds. Following the buying of shares at $14.91 each, the insider now holds 53,955,999 shares.

Before that, JUSTIN ROSENSTEIN had added 1,500,000 shares to its account. In a trade valued at $22,545,000, the Director bought Asana Inc shares for $15.03 each.

As published in a research note from HSBC Securities on June 04, 2025, Asana Inc [ASAN] has been rated down from a Hold to a Reduce and the price target has been revised to $10 from $13. Analysts at Morgan Stanley downgraded the stock from ‘”an Equal-weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid May. As of December 06, 2024, KeyBanc Capital Markets has increased its “an Underweight” rating to a “Sector weight” for ASAN. Earlier on November 19, 2024, Scotiabank initiated its rating. Their recommendation was “a Sector perform” for ASAN stock.

Analyzing ASAN Stock Performance

On last trading session,, Asana Inc [NYSE: ASAN] rose 0.60% to $15.12. The stock’s lowest price that day was $14.84, but it reached a high of $15.21 in the same session. During the last five days, there has been a surge of approximately 7.31%. Over the course of the year, Asana Inc shares have jumped approximately 4.93%. Shares of the company reached a 52-week high of $24.50 on 02/14/25 and a 52-week low of $11.58 on 03/11/25.

Support And Resistance Levels for Asana Inc (ASAN)

According to the 24-hour chart, there is a support level at 14.90, which, if violated, would cause prices to drop to 14.69. In the upper region, resistance lies at 15.27. The next price resistance is at 15.43. RSI (Relative Strength Index) is 57.75 on the 14-day chart, showing neutral technical sentiment.

Is Asana Inc subject to short interest?

Stocks of Asana Inc saw a sharp rise in short interest on 2025-06-30 jumping by 1.5 million shares to 11.97 million. Data from Yahoo Finance shows that the short interest on 2025-05-30 was 10.47 million shares. A jump of 12.52% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.23 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.23.

Which companies own the most shares of Asana Inc (ASAN)?

In terms of Asana Inc share price expectations, FactSet research, analysts set an average price target of 13.5 in the next 12 months, down nearly -10.18% from the previous closing price of $15.03. Analysts anticipate Asana Inc stock to reach 22 by 2025, with the lowest price target being 12. In spite of this, 19 analysts ranked Asana Inc stock as Buy at the end of 2025. On June 03, 2024, HSBC Securities assigned a price target of “a Hold” to the stock and upgraded coverage with a $14.

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