Sharp decrease in NEWT’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. NewtekOne Inc shares valued at $23,611 were purchased by SALUTE RICHARD J on Aug 01 ’25. At $11.24 per share, SALUTE RICHARD J acquired 2,100 shares. The insider’s holdings grew to 43,605 shares worth approximately $0.55 million following the completion of this transaction.

Also, SLOANE BARRY purchased 2,000 shares, netting a total of over 20,785 in proceeds. Following the buying of shares at $10.39 each, the insider now holds 1,202,459 shares.

Before that, Downs Peter Mathison had added 500 shares to its account. In a trade valued at $5,535, the President – Newtek Bank, N.A. bought NewtekOne Inc shares for $11.07 each. Upon closing the transaction, the insider’s holdings increased to 500 shares, worth approximately $1.18 million.

Analysts at B. Riley Securities downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early September. As of May 19, 2023, B. Riley Securities has initiated its “Buy” rating for NEWT. Earlier on February 22, 2023, Piper Sandler initiated its rating. Their recommendation was “a Neutral” for NEWT stock.

Analyzing NEWT Stock Performance

On last trading session, NewtekOne Inc [NASDAQ: NEWT] rose 4.16% to $12.53. The stock’s lowest price that day was $12.0089, but it reached a high of $12.54 in the same session. During the last five days, there has been a surge of approximately 7.00%. Over the course of the year, NewtekOne Inc shares have jumped approximately 11.48%.

Is NewtekOne Inc subject to short interest?

Stocks of NewtekOne Inc saw a sharp steep in short interest on 2025-08-29 dropping by -0.24 million shares to 2.46 million. Data from Yahoo Finance shows that the short interest on 2025-07-31 was 2.7 million shares. A decline of -9.94% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 10.65 of the overall float, the days-to-cover ratio (short ratio) decline to 10.65.

Which companies own the most shares of NewtekOne Inc (NEWT)?

In terms of NewtekOne Inc share price expectations, FactSet research, analysts set an average price target of 15 in the next 12 months, up nearly 24.69% from the previous closing price of $12.03. Analysts anticipate NewtekOne Inc stock to reach 15 by 2025, with the lowest price target being 15. In spite of this, 2 analysts ranked NewtekOne Inc stock as Buy at the end of 2025.

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