Days-to-cover ratio for FLEX surges to 2.4 due to rise in short interest

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Flex Ltd shares valued at $2,571,470 were sold by Hartung Michael P on Sep 16 ’25. At $57.14 per share, Hartung Michael P sold 45,000 shares. The insider’s holdings dropped to 256,198 shares worth approximately $14.88 million following the completion of this transaction.

Also, Hartung Michael P purchased 45,000 shares, netting a total of over 2,607,300 in proceeds.

Before that, WENDLER DANIEL had sold 10,000 shares from its account. In a trade valued at $566,600, the Chief Accounting Officer traded Flex Ltd shares for $56.66 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $2.19 million.

Analysts at KeyBanc Capital Markets started covering the stock with ‘”an Overweight”‘ outlook in a report released in late October. As of July 25, 2024, Craig Hallum has increased its “Hold” rating to a “Buy” for FLEX. Earlier on May 02, 2024, Craig Hallum downgraded its rating. Their new recommendation was “a Hold” for FLEX stock which previously was a “a Buy”.

Analyzing FLEX Stock Performance

On last trading session, Flex Ltd [NASDAQ: FLEX] rose 0.14% to $58.09. The stock’s lowest price that day was $57.64, but it reached a high of $59.295 in the same session. During the last five days, there has been a surge of approximately 2.81%. Over the course of the year, Flex Ltd shares have jumped approximately 73.77%. Shares of the company reached a 52-week high of $59.76 on 09/23/25 and a 52-week low of $25.11 on 04/07/25.

Support And Resistance Levels for Flex Ltd (FLEX)

According to the 24-hour chart, there is a support level at 57.37, which, if violated, would cause prices to drop to 56.65. In the upper region, resistance lies at 59.07. The next price resistance is at 60.05. RSI (Relative Strength Index) is 60.62 on the 14-day chart, showing neutral technical sentiment.

Is Flex Ltd subject to short interest?

Stocks of Flex Ltd saw a sharp rise in short interest on 2025-09-15 jumping by 0.37 million shares to 8.44 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 8.07 million shares. A jump of 4.41% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.4 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.4.

Which companies own the most shares of Flex Ltd (FLEX)?

In terms of Flex Ltd share price expectations, FactSet research, analysts set an average price target of 66 in the next 12 months, up nearly 13.77% from the previous closing price of $58.01. Analysts anticipate Flex Ltd stock to reach 66 by 2025, with the lowest price target being 66. In spite of this, 3 analysts ranked Flex Ltd stock as Buy at the end of 2025. On September 07, 2023, Barclays assigned a price target of “an Overweight” to the stock and initiated coverage with a $35.

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