Sharp decrease in RDDT’s short interest leads to decline in days-to-cover ratio

Jaxson Clark

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Reddit Inc shares valued at $6,187,708 were sold by Wong Jennifer L. on Oct 23 ’25. At $201.82 per share, Wong Jennifer L. sold 30,659 shares. The insider’s holdings dropped to 1,295,968 shares worth approximately $251.96 million following the completion of this transaction.

Also, Wong Jennifer L. sold 8,467 shares, netting a total of over 1,708,744 in proceeds. Following the sale of shares at $201.81 each, the insider now holds 103,099 shares.

Before that, Slowe Christopher Brian had sold 14,000 shares from its account. In a trade valued at $2,759,347, the Chief Technology Officer traded Reddit Inc shares for $197.10 each. Upon closing the transaction, the insider’s holdings decreased to 14,000 shares, worth approximately $39.77 million.

As published in a research note from Citigroup on October 21, 2025, Reddit Inc [RDDT] has been retained to a Buy and the price target has been revised to $250. Analysts at Piper Sandler resumed the stock at ‘”an Overweight”‘ outlook in a report released in mid September. As of September 15, 2025, Needham has reiterated its “Buy” rating for RDDT. Earlier on August 18, 2025, Argus initiated its rating. Their recommendation was “a Buy” for RDDT stock.

Analyzing RDDT Stock Performance

On last trading session, Reddit Inc [NYSE: RDDT] plunged -7.76% to $194.42. The stock’s lowest price that day was $193.81, but it reached a high of $209.4702 in the same session. During the last five days, there has been a drop of approximately -3.19%. Over the course of the year, Reddit Inc shares have jumped approximately 144.00%. Shares of the company reached a 52-week high of $282.95 on 09/18/25 and a 52-week low of $79.75 on 04/07/25.

Support And Resistance Levels for Reddit Inc (RDDT)

According to the 24-hour chart, there is a support level at 189.00, which, if violated, would cause prices to drop to 183.57. In the upper region, resistance lies at 204.66. The next price resistance is at 214.89. RSI (Relative Strength Index) is 40.90 on the 14-day chart, showing neutral technical sentiment.

Is Reddit Inc subject to short interest?

Stocks of Reddit Inc saw a sharp steep in short interest on 2025-10-15 dropping by -0.55 million shares to 19.1 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 19.65 million shares. A decline of -2.85% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.16 of the overall float, the days-to-cover ratio (short ratio) decline to 3.16.

Which companies own the most shares of Reddit Inc (RDDT)?

In terms of Reddit Inc share price expectations, FactSet research, analysts set an average price target of 236 in the next 12 months, up nearly 11.97% from the previous closing price of $210.77. Analysts anticipate Reddit Inc stock to reach 300 by 2025, with the lowest price target being 125. In spite of this, 12 analysts ranked Reddit Inc stock as Buy at the end of 2025. On July 23, 2025, Needham assigned a price target of “a Buy” to the stock and reiterated coverage with a $165.

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