Negative sentiment towards CGC reflected by a jump of 4.8% in short interest

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Canopy Growth Corporation shares valued at $12,823 were sold by Yanofsky Theresa on Jun 30 ’25. At $1.23 per share, Yanofsky Theresa sold 10,425 shares. The insider’s holdings dropped to 84,360 shares worth approximately $0.11 million following the completion of this transaction.

Also, Kruh Willy sold 10,468 shares, netting a total of over 12,876 in proceeds. Following the sale of shares at $1.23 each, the insider now holds 73,390 shares.

Before that, Lazzarato David Angelo had sold 15,701 shares from its account. In a trade valued at $19,312, the Director traded Canopy Growth Corporation shares for $1.23 each. Upon closing the transaction, the insider’s holdings decreased to 15,701 shares, worth approximately $0.15 million.

As published in a research note from Bernstein on April 04, 2023, Canopy Growth Corporation [CGC] has been rated up from an Underperform to a Mkt perform. Analysts at Bernstein started covering the stock with ‘”an Underperform”‘ outlook in a report released in early November. As of October 26, 2022, Canaccord Genuity has increased its “Sell” rating to a “Hold” for CGC. Earlier on June 08, 2022, BMO Capital Markets downgraded its rating. Their new recommendation was “an Underperform” for CGC stock which previously was a “a Market perform”.

Analyzing CGC Stock Performance

On last trading session,, Canopy Growth Corporation [NASDAQ: CGC] rose 2.44% to $1.26. The stock’s lowest price that day was $1.24, but it reached a high of $1.28 in the same session. During the last five days, there has been a surge of approximately 11.50%. Over the course of the year, Canopy Growth Corporation shares have dropped approximately -80.13%. Shares of the company reached a 52-week high of $3.0700 on 01/06/25 and a 52-week low of $0.7700 on 04/09/25.

Support And Resistance Levels for Canopy Growth Corporation (CGC)

According to the 24-hour chart, there is a support level at 1.2400, which, if violated, would cause prices to drop to 1.2200. In the upper region, resistance lies at 1.2800. The next price resistance is at 1.3000. RSI (Relative Strength Index) is 46.81 on the 14-day chart, showing neutral technical sentiment.

Is Canopy Growth Corporation subject to short interest?

Stocks of Canopy Growth Corporation saw a sharp rise in short interest on 2025-06-13 jumping by 0.84 million shares to 17.57 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 16.72 million shares. A jump of 4.8% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.9 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.9.

Which companies own the most shares of Canopy Growth Corporation (CGC)?

In terms of Canopy Growth Corporation share price expectations, FactSet research, analysts set an average price target of 11.02 in the next 12 months, up nearly 796.02% from the previous closing price of $1.23. Analysts anticipate Canopy Growth Corporation stock to reach 27.85116355 by 2025, with the lowest price target being 8. In spite of this, 4 analysts ranked Canopy Growth Corporation stock as Hold at the end of 2025.

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