RNG short interest jump by 0.98%, reflecting negative sentiment

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. RingCentral Inc shares valued at $217,730 were sold by Arora Tarun on Jun 27 ’25. At $28.00 per share, Arora Tarun sold 7,776 shares. The insider’s holdings dropped to 114,497 shares worth approximately $3.32 million following the completion of this transaction.

Also, Makagon Kira sold 21,185 shares, netting a total of over 586,570 in proceeds. Following the sale of shares at $27.69 each, the insider now holds 413,131 shares.

Before that, Makagon Kira had added 27,055 shares to its account. In a trade valued at $748,612, the Officer bought RingCentral Inc shares for $27.67 each.

As published in their initiating research note from KeyBanc Capital Markets on June 06, 2025, RingCentral Inc [RNG] has been a Sector weight. As of January 27, 2025, Barclays has decreased its “an Overweight” rating to a “an Equal weight” for RNG. Earlier on January 07, 2025, Wells Fargo downgraded its rating. Their new recommendation was “an Underweight” for RNG stock which previously was a “an Equal weight”.

Analyzing RNG Stock Performance

On last trading session,, RingCentral Inc [NYSE: RNG] plunged -1.86% to $29.04. The stock’s lowest price that day was $29.04, but it reached a high of $30.02 in the same session. During the last five days, there has been a drop of approximately -0.68%. Over the course of the year, RingCentral Inc shares have jumped approximately 4.05%. 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 28.71, which, if violated, would cause prices to drop to 28.39. In the upper region, resistance lies at 29.69. The next price resistance is at 30.35. RSI (Relative Strength Index) is 60.90 on the 14-day chart, showing neutral technical sentiment.

Is RingCentral Inc subject to short interest?

Stocks of RingCentral Inc saw a sharp rise in short interest on 2025-06-13 jumping by 59481.0 shares to 6.05 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 5.99 million shares. A jump of 0.98% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 6.2 of the overall float, the days-to-cover ratio (short ratio) jumped to 6.2.

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 50 in the next 12 months, up nearly 68.98% from the previous closing price of $29.59. Analysts anticipate RingCentral Inc stock to reach 300 by 2025, with the lowest price target being 30. In spite of this, 14 analysts ranked RingCentral Inc stock as Buy at the end of 2025. On January 03, 2025, Raymond James assigned a price target of “an Outperform” to the stock and downgraded coverage with a $45.

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