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

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Serve Robotics Inc shares valued at $13,985 were purchased by Read Brian on Jul 01 ’25. At $10.83 per share, Read Brian acquired 1,291 shares.

Also, Read Brian sold 1,291 shares, netting a total of over 13,982 in proceeds. Following the sale of shares at $10.83 each, the insider now holds 216,414 shares.

Before that, Goldberg David Michael had sold 10,700 shares from its account. In a trade valued at $113,748, the Director traded Serve Robotics Inc shares for $10.63 each. Upon closing the transaction, the insider’s holdings decreased to 10,700 shares, worth approximately $0.54 million.

As published in their initiating research note from Cantor Fitzgerald on May 22, 2025, Serve Robotics Inc [SERV] has been an Overweight and the price target has been revised to $17. Analysts at Ladenburg Thalmann started covering the stock with ‘”a Buy”‘ outlook in a report released in late October. As of October 18, 2024, Northland Capital has initiated its “an Outperform” rating for SERV. Earlier on October 07, 2024, Seaport Research Partners initiated its rating. Their recommendation was “a Buy” for SERV stock.

Analyzing SERV Stock Performance

On last trading session,, Serve Robotics Inc [NASDAQ: SERV] plunged -0.75% to $10.62. The stock’s lowest price that day was $10.62, but it reached a high of $11.01 in the same session. During the last five days, there has been a drop of approximately -3.01%. Over the course of the year, Serve Robotics Inc shares have jumped approximately 378.38%. Shares of the company reached a 52-week high of $24.35 on 01/06/25 and a 52-week low of $4.66 on 04/07/25.

Support And Resistance Levels for Serve Robotics Inc (SERV)

According to the 24-hour chart, there is a support level at 10.48, which, if violated, would cause prices to drop to 10.35. In the upper region, resistance lies at 10.89. The next price resistance is at 11.17. RSI (Relative Strength Index) is 48.51 on the 14-day chart, showing neutral technical sentiment.

Is Serve Robotics Inc subject to short interest?

Stocks of Serve Robotics Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.37 million shares to 8.08 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 8.45 million shares. A decline of -4.56% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.05 of the overall float, the days-to-cover ratio (short ratio) decline to 1.05.

Which companies own the most shares of Serve Robotics Inc (SERV)?

In terms of Serve Robotics Inc share price expectations, FactSet research, analysts set an average price target of 20 in the next 12 months, up nearly 86.92% from the previous closing price of $10.7. Analysts anticipate Serve Robotics Inc stock to reach 23 by 2025, with the lowest price target being 17. In spite of this, 1 analysts ranked Serve Robotics Inc stock as Buy at the end of 2025.

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