IRT short interest jump by 14.97%, reflecting negative sentiment

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Independence Realty Trust Inc shares valued at $8,450 were sold by Gebert Richard D on Aug 01 ’25. At $16.90 per share, Gebert Richard D sold 500 shares. The insider’s holdings dropped to 41,872 shares worth approximately $0.75 million following the completion of this transaction.

Also, Gebert Richard D sold 500 shares, netting a total of over 8,790 in proceeds. Following the sale of shares at $17.58 each, the insider now holds 42,372 shares.

Before that, Gebert Richard D had sold 500 shares from its account. In a trade valued at $9,200, the Director traded Independence Realty Trust Inc shares for $18.40 each. Upon closing the transaction, the insider’s holdings decreased to 500 shares, worth approximately $0.77 million.

As published in a research note from Compass Point on August 01, 2025, Independence Realty Trust Inc [IRT] has been rated up from a Neutral to a Buy and the price target has been revised to $24. Analysts at Compass Point downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid May. As of April 07, 2025, UBS has initiated its “Buy” rating for IRT. Earlier on March 19, 2025, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for IRT stock.

Analyzing IRT Stock Performance

On last trading session, Independence Realty Trust Inc [NYSE: IRT] rose 0.85% to $17.87. The stock’s lowest price that day was $17.545, but it reached a high of $17.88 in the same session. During the last five days, there has been a surge of approximately 4.14%. Over the course of the year, Independence Realty Trust Inc shares have dropped approximately -10.42%. Shares of the company reached a 52-week high of $21.86 on 02/28/25 and a 52-week low of $16.59 on 08/01/25.

Support And Resistance Levels for Independence Realty Trust Inc (IRT)

According to the 24-hour chart, there is a support level at 17.65, which, if violated, would cause prices to drop to 17.43. In the upper region, resistance lies at 17.99. The next price resistance is at 18.10. RSI (Relative Strength Index) is 58.32 on the 14-day chart, showing neutral technical sentiment.

Is Independence Realty Trust Inc subject to short interest?

Stocks of Independence Realty Trust Inc saw a sharp rise in short interest on 2025-08-15 jumping by 3.74 million shares to 25.0 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 21.26 million shares. A jump of 14.97% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 9.09 of the overall float, the days-to-cover ratio (short ratio) jumped to 9.09.

Which companies own the most shares of Independence Realty Trust Inc (IRT)?

In terms of Independence Realty Trust Inc share price expectations, FactSet research, analysts set an average price target of 19.5 in the next 12 months, up nearly 10.05% from the previous closing price of $17.72. Analysts anticipate Independence Realty Trust Inc stock to reach 21 by 2025, with the lowest price target being 17. In spite of this, 5 analysts ranked Independence Realty Trust Inc stock as Buy at the end of 2025. On March 10, 2025, Jefferies assigned a price target of “a Buy” to the stock and upgraded coverage with a $24.

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