Negative sentiment towards IREN reflected in surge 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. IREN Ltd shares valued at $33,131,000 were sold by Roberts Daniel John on Sep 11 ’25. At $33.13 per share, Roberts Daniel John sold 1,000,000 shares. The insider’s holdings dropped to 13,989,696 shares worth approximately $459.56 million following the completion of this transaction.

Also, William Roberts purchased 1,000,000 shares, netting a total of over 33,131,000 in proceeds.

Before that, Roberts William Gregory had sold 1,000,000 shares from its account. In a trade valued at $33,131,000, the Co-Chief Executive Officer traded IREN Ltd shares for $33.13 each. Upon closing the transaction, the insider’s holdings decreased to 1,000,000 shares, worth approximately $459.56 million.

As published in a research note from JP Morgan on July 28, 2025, IREN Ltd [IREN] has been rated down from an Overweight to a Neutral and the price target has been revised to $16. Analysts at JP Morgan upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in mid March. As of December 20, 2024, BTIG Research has initiated its “Buy” rating for IREN. Earlier on December 10, 2024, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for IREN stock which previously was a “an Overweight”.

Analyzing IREN Stock Performance

On last trading session, IREN Ltd [NASDAQ: IREN] plunged -2.32% to $32.85. The stock’s lowest price that day was $31.74, but it reached a high of $33.755 in the same session. During the last five days, there has been a surge of approximately 25.72%. Over the course of the year, IREN Ltd shares have jumped approximately 360.73%. Shares of the company reached a 52-week high of $33.76 on 09/11/25 and a 52-week low of $5.13 on 04/09/25.

Support And Resistance Levels for IREN Ltd (IREN)

According to the 24-hour chart, there is a support level at 31.81, which, if violated, would cause prices to drop to 30.77. In the upper region, resistance lies at 33.82. The next price resistance is at 34.80. RSI (Relative Strength Index) is 75.74 on the 14-day chart, showing overbought technical sentiment.

Is IREN Ltd subject to short interest?

Stocks of IREN Ltd saw a sharp rise in short interest on 2025-08-29 jumping by 1.31 million shares to 28.18 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 26.86 million shares. A jump of 4.66% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.18 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.18.

Which companies own the most shares of IREN Ltd (IREN)?

In terms of IREN Ltd share price expectations, FactSet research, analysts set an average price target of 35 in the next 12 months, up nearly 4.07% from the previous closing price of $33.63. Analysts anticipate IREN Ltd stock to reach 37 by 2025, with the lowest price target being 32. In spite of this, 7 analysts ranked IREN Ltd stock as Buy at the end of 2025. On October 02, 2024, ROTH MKM assigned a price target of “a Buy” to the stock and initiated coverage with a $14.

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