RNG short interest fall by -0.24%, reflecting positive sentiment

Anna Perez

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. RingCentral Inc shares valued at $79,905 were sold by THEIS ROBERT I on Oct 01 ’25. At $28.49 per share, THEIS ROBERT I sold 2,805 shares. The insider’s holdings dropped to 28,580 shares worth approximately $0.84 million following the completion of this transaction.

Also, ROBERT THEIS purchased 2,805 shares, netting a total of over 79,494 in proceeds.

Before that, VLAD VENDROW had added 10,156 shares to its account. In a trade valued at $310,392, the Officer bought RingCentral Inc shares for $30.56 each.

As published in their initiating research note from Wells Fargo on October 01, 2025, RingCentral Inc [RNG] has been an Equal weight and the price target has been revised to $32. Analysts at Oppenheimer upgraded the stock from ‘”a Perform”‘ to ‘”an Outperform”‘ outlook in a report released in early August. As of June 06, 2025, KeyBanc Capital Markets has initiated its “Sector weight” rating for RNG.

Analyzing RNG Stock Performance

On last trading session, RingCentral Inc [NYSE: RNG] plunged -0.64% to $29.48. The stock’s lowest price that day was $29.32, but it reached a high of $30.15 in the same session. During the last five days, there has been a surge of approximately 1.17%. Over the course of the year, RingCentral Inc shares have dropped approximately -13.52%. Shares of the company reached a 52-week high of $37.23 on 01/06/25 and a 52-week low of $20.58 on 04/07/25.

Support And Resistance Levels for RingCentral Inc (RNG)

According to the 24-hour chart, there is a support level at 29.14, which, if violated, would cause prices to drop to 28.81. In the upper region, resistance lies at 29.98. The next price resistance is at 30.49. RSI (Relative Strength Index) is 53.36 on the 14-day chart, showing neutral technical sentiment.

Is RingCentral Inc subject to short interest?

Stocks of RingCentral Inc saw a sharp steep in short interest on 2025-10-15 dropping by 15091.0 shares to 6.33 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 6.34 million shares. A decline of -0.24% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.38 of the overall float, the days-to-cover ratio (short ratio) decline to 4.38.

Which companies own the most shares of RingCentral Inc (RNG)?

In terms of RingCentral Inc share price expectations, FactSet research, analysts set an average price target of 30.5 in the next 12 months, up nearly 2.8% from the previous closing price of $29.67. Analysts anticipate RingCentral Inc stock to reach 32 by 2025, with the lowest price target being 29. In spite of this, 14 analysts ranked RingCentral Inc stock as Buy at the end of 2025. On January 27, 2025, Barclays assigned a price target of “an Equal weight” to the stock and downgraded coverage with a $37.

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