Decline in MU’s short interest indicates Bullish sentiment

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. Micron Technology Inc shares valued at $3,716,823 were sold by Murphy Mark J. on Jul 22 ’25. At $109.32 per share, Murphy Mark J. sold 34,000 shares. The insider’s holdings dropped to 264,036 shares worth approximately $29.5 million following the completion of this transaction.

Also, MARK MURPHY purchased 59,500 shares, netting a total of over 6,737,185 in proceeds.

Before that, McCarthy Mary Pat had sold 2,404 shares from its account. In a trade valued at $291,562, the Director traded Micron Technology Inc shares for $121.28 each. Upon closing the transaction, the insider’s holdings decreased to 2,404 shares, worth approximately $2.52 million.

As published in their initiating research note from Goldman on July 10, 2025, Micron Technology Inc [MU] has been a Neutral and the price target has been revised to $130. Analysts at Deutsche Bank started covering the stock with ‘”a Buy”‘ outlook in a report released in early July. As of June 26, 2025, Wells Fargo has reiterated its “an Overweight” rating for MU. Earlier on June 26, 2025, UBS resumed its rating. Their recommendation was “a Buy” for MU stock.

Analyzing MU Stock Performance

On last trading session,, Micron Technology Inc [NASDAQ: MU] rose 1.73% to $111.73. The stock’s lowest price that day was $110.25, but it reached a high of $112.73 in the same session. During the last five days, there has been a drop of approximately -1.35%. Over the course of the year, Micron Technology Inc shares have dropped approximately -3.08%. Shares of the company reached a 52-week high of $129.85 on 06/26/25 and a 52-week low of $61.54 on 04/07/25.

Support And Resistance Levels for Micron Technology Inc (MU)

According to the 24-hour chart, there is a support level at 110.41, which, if violated, would cause prices to drop to 109.09. In the upper region, resistance lies at 112.89. The next price resistance is at 114.05. RSI (Relative Strength Index) is 43.42 on the 14-day chart, showing neutral technical sentiment.

Is Micron Technology Inc subject to short interest?

Stocks of Micron Technology Inc saw a sharp steep in short interest on 2025-06-30 dropping by -4.14 million shares to 27.97 million. Data from Yahoo Finance shows that the short interest on 2025-05-30 was 32.1 million shares. A decline of -14.79% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.11 of the overall float, the days-to-cover ratio (short ratio) decline to 1.11.

Which companies own the most shares of Micron Technology Inc (MU)?

In terms of Micron Technology Inc share price expectations, FactSet research, analysts set an average price target of 145 in the next 12 months, up nearly 32.02% from the previous closing price of $109.83. Analysts anticipate Micron Technology Inc stock to reach 170 by 2025, with the lowest price target being 125. In spite of this, 32 analysts ranked Micron Technology Inc stock as Buy at the end of 2025. On June 26, 2025, TD Cowen assigned a price target of “a Buy” to the stock and reiterated coverage with a $150.

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