Sharp decrease in HTBK’s short interest leads to decline in days-to-cover ratio

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 Commerce Corp shares valued at $185,000 were purchased by SA THOMAS A on Aug 01 ’25. At $9.25 per share, SA THOMAS A acquired 20,000 shares. The insider’s holdings grew to 20,000 shares worth approximately $0.19 million following the completion of this transaction.

Also, Jones Robertson Clay JR sold 5,145 shares, netting a total of over 50,063 in proceeds. Following the sale of shares at $9.73 each, the insider now holds 254,227 shares.

Before that, Just Susan Svensson had sold 1,602 shares from its account. In a trade valued at $15,588, the EVP/Chief Credit Officer traded Heritage Commerce Corp shares for $9.73 each. Upon closing the transaction, the insider’s holdings decreased to 1,602 shares, worth approximately $0.1 million.

As published in a research note from Stephens on February 07, 2025, Heritage Commerce Corp [HTBK] has been rated up from an Equal-weight to an Overweight. Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in mid August. As of October 31, 2022, Raymond James has decreased its “Strong buy” rating to a “an Outperform” for HTBK. Earlier on December 28, 2021, Stephens initiated its rating. Their recommendation was “an Overweight” for HTBK stock.

Analyzing HTBK Stock Performance

On last trading session, Heritage Commerce Corp [NASDAQ: HTBK] plunged -1.27% to $9.32. The stock’s lowest price that day was $9.265, but it reached a high of $9.41 in the same session. During the last five days, there has been a surge of approximately 0.76%. Over the course of the year, Heritage Commerce Corp shares have dropped approximately -2.00%.

Is Heritage Commerce Corp subject to short interest?

Stocks of Heritage Commerce Corp saw a sharp steep in short interest on 2025-07-15 dropping by -0.46 million shares to 0.82 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 1.28 million shares. A decline of -56.7% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.64 of the overall float, the days-to-cover ratio (short ratio) decline to 1.64.

Which companies own the most shares of Heritage Commerce Corp (HTBK)?

In terms of Heritage Commerce Corp share price expectations, FactSet research, analysts set an average price target of 10 in the next 12 months, up nearly 5.93% from the previous closing price of $9.44. Analysts anticipate Heritage Commerce Corp stock to reach 10 by 2025, with the lowest price target being 10. In spite of this, 1 analysts ranked Heritage Commerce Corp stock as Buy at the end of 2025. On December 15, 2021, DA Davidson assigned a price target of “a Buy” to the stock and upgraded coverage with a $13.50.

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