Days-to-cover ratio for SLM declines to 2.81 due to decline in short interest

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. SLM Corp shares valued at $340,821 were sold by Pahwa Munish on May 28 ’25. At $34.08 per share, Pahwa Munish sold 10,000 shares. The insider’s holdings dropped to 70,836 shares worth approximately $2.24 million following the completion of this transaction.

Also, Pahwa Munish purchased 10,000 shares, netting a total of over 340,521 in proceeds.

Before that, Strong Robert S. had sold 3,000 shares from its account. In a trade valued at $93,464, the Director traded SLM Corp shares for $31.15 each. Upon closing the transaction, the insider’s holdings decreased to 3,000 shares, worth approximately $1.11 million.

As published in a research note from Keefe Bruyette on December 09, 2024, SLM Corp [SLM] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $30 from $27. Analysts at BofA Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in late September. As of January 16, 2024, Citigroup has increased its “Neutral” rating to a “Buy” for SLM. Earlier on January 10, 2024, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for SLM stock.

Analyzing SLM Stock Performance

On last trading session,, SLM Corp [NASDAQ: SLM] plunged -0.16% to $31.63. The stock’s lowest price that day was $31.24, but it reached a high of $31.655 in the same session. During the last five days, there has been a drop of approximately -0.57%. Over the course of the year, SLM Corp shares have jumped approximately 14.68%.

Support And Resistance Levels for SLM Corp (SLM)

RSI (Relative Strength Index) is 47.07 on the 14-day chart, showing neutral technical sentiment.

Is SLM Corp subject to short interest?

Stocks of SLM Corp saw a sharp steep in short interest on 2025-05-30 dropping by -1.25 million shares to 5.94 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 7.19 million shares. A decline of -21.07% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.81 of the overall float, the days-to-cover ratio (short ratio) decline to 2.81.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.