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

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. SLM Corp shares valued at $1,771,401 were sold by Palmer Kerri A. on Jul 29 ’25. At $32.21 per share, Palmer Kerri A. sold 55,000 shares. The insider’s holdings dropped to 119,253 shares worth approximately $3.79 million following the completion of this transaction.

Before that, Strong Robert S. had added 7,200 shares to its account. In a trade valued at $232,601, the Former BOD bought SLM Corp shares for $32.31 each.

As published in a research note from JP Morgan on July 11, 2025, SLM Corp [SLM] has been rated up from a Neutral to an Overweight and the price target has been revised to $38. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early December. As of September 25, 2024, BofA Securities has initiated its “Buy” rating for SLM. Earlier on January 16, 2024, Citigroup upgraded its rating. Their new recommendation was “a Buy” for SLM stock which previously was a “a Neutral”.

Analyzing SLM Stock Performance

On last trading session, SLM Corp [NASDAQ: SLM] plunged -0.06% to $31.8. The stock’s lowest price that day was $31.465, but it reached a high of $32.155 in the same session. During the last five days, there has been a drop of approximately -0.66%. Over the course of the year, SLM Corp shares have jumped approximately 40.96%. Shares of the company reached a 52-week high of $34.97 on 07/08/25 and a 52-week low of $23.81 on 04/07/25.

Support And Resistance Levels for SLM Corp (SLM)

According to the 24-hour chart, there is a support level at 31.46, which, if violated, would cause prices to drop to 31.12. In the upper region, resistance lies at 32.15. The next price resistance is at 32.50. RSI (Relative Strength Index) is 41.73 on the 14-day chart, showing neutral technical sentiment.

Is SLM Corp subject to short interest?

Stocks of SLM Corp saw a sharp rise in short interest on 2025-07-15 jumping by 0.61 million shares to 7.48 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 6.87 million shares. A jump of 8.18% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.32 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.32.

Which companies own the most shares of SLM Corp (SLM)?

In terms of SLM Corp share price expectations, FactSet research, analysts set an average price target of 26 in the next 12 months, down nearly -18.29% from the previous closing price of $31.82. Analysts anticipate SLM Corp stock to reach 27 by 2025, with the lowest price target being 18. In spite of this, 10 analysts ranked SLM Corp stock as Buy at the end of 2025. On January 10, 2024, Deutsche Bank assigned a price target of “a Buy” to the stock and initiated coverage with a $25.

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