Positive sentiment towards SMRT reflected by a fall of -79.46% 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. SmartRent Inc shares valued at $178,230 were purchased by Martell Frank on Aug 12 ’25. At $1.37 per share, Martell Frank acquired 130,000 shares. The insider’s holdings grew to 628,204 shares worth approximately $0.85 million following the completion of this transaction.

Also, Martell Frank purchased 100,000 shares, netting a total of over 126,480 in proceeds. Following the buying of shares at $1.26 each, the insider now holds 498,204 shares.

Before that, Bohjalian Thomas N had added 150,000 shares to its account. In a trade valued at $189,000, the Director bought SmartRent Inc shares for $1.26 each. Upon closing the transaction, the insider’s holdings increased to 150,000 shares, worth approximately $0.2 million.

As published in a research note from Keefe Bruyette on August 08, 2024, SmartRent Inc [SMRT] has been rated down from an Outperform to a Mkt perform. Analysts at Cantor Fitzgerald downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in early August. As of August 02, 2024, BTIG Research has decreased its “Buy” rating to a “Neutral” for SMRT. Earlier on July 31, 2024, DA Davidson downgraded its rating. Their new recommendation was “a Neutral” for SMRT stock which previously was a “a Buy”.

Analyzing SMRT Stock Performance

The stock’s lowest price that day was $1.28, but it reached a high of $1.44 in the same session. During the last five days, there has been a surge of approximately 19.30%. Over the course of the year, SmartRent Inc shares have dropped approximately -4.23%. Shares of the company reached a 52-week high of $1.8500 on 01/06/25 and a 52-week low of $0.6710 on 04/11/25.

Support And Resistance Levels for SmartRent Inc (SMRT)

According to the 24-hour chart, there is a support level at 1.2800, which, if violated, would cause prices to drop to 1.2000. In the upper region, resistance lies at 1.4400. The next price resistance is at 1.5200. RSI (Relative Strength Index) is 71.91 on the 14-day chart, showing overbought technical sentiment.

Is SmartRent Inc subject to short interest?

Stocks of SmartRent Inc saw a sharp steep in short interest on 2025-07-31 dropping by -2.76 million shares to 3.47 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 6.22 million shares. A decline of -79.46% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.04 of the overall float, the days-to-cover ratio (short ratio) decline to 2.04.

Which companies own the most shares of SmartRent Inc (SMRT)?

In terms of SmartRent Inc share price expectations, FactSet research, analysts set an average price target of 4 in the next 12 months, up nearly 194.12% from the previous closing price of $1.36. Analysts anticipate SmartRent Inc stock to reach 6 by 2025, with the lowest price target being 2. In spite of this, 2 analysts ranked SmartRent Inc stock as Buy at the end of 2025.

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