Sharp increase in AXTI’s short interest leads to surge in days-to-cover ratio

Daniel Torres

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. AXT Inc shares valued at $483,600 were sold by FISCHER GARY L on Nov 05 ’25. At $9.21 per share, FISCHER GARY L sold 52,515 shares. The insider’s holdings dropped to 485,969 shares worth approximately $4.42 million following the completion of this transaction.

Also, FISCHER GARY L sold 27,720 shares, netting a total of over 224,183 in proceeds. Following the sale of shares at $8.09 each, the insider now holds 538,484 shares.

Before that, CHANG DAVID C had added 100,000 shares to its account. In a trade valued at $906,000, the Director bought AXT Inc shares for $9.06 each.

As published in a research note from Craig Hallum on February 23, 2024, AXT Inc [AXTI] has been rated up from a Hold to a Buy and the price target has been revised to $3.75 from $2.25. Analysts at B. Riley Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late February. As of February 17, 2023, Craig Hallum has decreased its “Buy” rating to a “Hold” for AXTI. Earlier on June 27, 2022, Needham initiated its rating. Their recommendation was “a Buy” for AXTI stock.

Analyzing AXTI Stock Performance

On last trading session, AXT Inc [NASDAQ: AXTI] rose 6.56% to $9.1. The stock’s lowest price that day was $8.58, but it reached a high of $9.68 in the same session. During the last five days, there has been a surge of approximately 28.71%. Over the course of the year, AXT Inc shares have jumped approximately 331.28%. Shares of the company reached a 52-week high of $9.84 on 10/31/25 and a 52-week low of $1.13 on 04/14/25.

Support And Resistance Levels for AXT Inc (AXTI)

According to the 24-hour chart, there is a support level at 8.56, which, if violated, would cause prices to drop to 8.02. In the upper region, resistance lies at 9.66. The next price resistance is at 10.22. RSI (Relative Strength Index) is 83.26 on the 14-day chart, showing overbought technical sentiment.

Is AXT Inc subject to short interest?

Stocks of AXT Inc saw a sharp rise in short interest on 2025-10-15 jumping by 0.29 million shares to 1.17 million. Data from Yahoo Finance shows that the short interest on 2025-09-15 was 0.88 million shares. A jump of 24.83% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 0.61 of the overall float, the days-to-cover ratio (short ratio) jumped to 0.61.

Which companies own the most shares of AXT Inc (AXTI)?

In terms of AXT Inc share price expectations, FactSet research, analysts set an average price target of 10 in the next 12 months, up nearly 17.1% from the previous closing price of $8.54. Analysts anticipate AXT Inc stock to reach 10 by 2025, with the lowest price target being 7. In spite of this, 4 analysts ranked AXT Inc stock as Buy at the end of 2025. On November 04, 2021, Wedbush assigned a price target of “an Outperform” to the stock and initiated coverage with a $11.

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