Sharp increase in SNYR’s short interest leads to surge 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. Synergy CHC Corp shares valued at $26,780 were purchased by Ross Jack on Jun 20 ’25. At $2.60 per share, Ross Jack acquired 10,300 shares. The insider’s holdings grew to 395,057 shares worth approximately $0.89 million following the completion of this transaction.

Also, Ross Jack purchased 3,750 shares, netting a total of over 12,112 in proceeds. Following the buying of shares at $3.23 each, the insider now holds 403,407 shares.

Before that, Ross Jack had added 2,600 shares to its account. In a trade valued at $6,994, the CEO and Chairman bought Synergy CHC Corp shares for $2.69 each. Upon closing the transaction, the insider’s holdings increased to 2,600 shares, worth approximately $0.9 million.

As published in their initiating research note from ROTH MKM on January 21, 2025, Synergy CHC Corp [SNYR] has been a Buy and the price target has been revised to $10.

Analyzing SNYR Stock Performance

On last trading session, Synergy CHC Corp [NASDAQ: SNYR] plunged -4.26% to $2.25. The stock’s lowest price that day was $2.16, but it reached a high of $2.395 in the same session. During the last five days, there has been a surge of approximately 3.69%. Over the course of the year, Synergy CHC Corp shares have jumped approximately 17088.69%.

Is Synergy CHC Corp subject to short interest?

Stocks of Synergy CHC Corp saw a sharp rise in short interest on 2025-08-29 jumping by 91269.0 shares to 0.12 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 27604.0 shares. A jump of 76.78% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.44 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.44.

Which companies own the most shares of Synergy CHC Corp (SNYR)?

In terms of Synergy CHC Corp share price expectations, FactSet research, analysts set an average price target of 10 in the next 12 months, up nearly 325.53% from the previous closing price of $2.35. Analysts anticipate Synergy CHC Corp stock to reach 10 by 2025, with the lowest price target being 10.

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