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

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Galaxy Digital Inc shares valued at $5,325,760 were purchased by Damien Vanderwilt on Aug 11 ’25. At $28.48 per share, Damien Vanderwilt acquired 187,000 shares.

Also, Tavoso Richard sold 50,000 shares, netting a total of over 1,414,000 in proceeds. Following the sale of shares at $28.28 each, the insider now holds 400,000 shares.

Before that, SIXTAV VENTURES, LLC had added 50,000 shares to its account. In a trade valued at $1,414,200, the Director bought Galaxy Digital Inc shares for $28.28 each.

As published in their initiating research note from Maxim Group on July 31, 2025, Galaxy Digital Inc [GLXY] has been a Buy and the price target has been revised to $40. Analysts at Goldman started covering the stock with ‘”a Neutral”‘ outlook in a report released in late July. As of July 23, 2025, Jefferies has initiated its “Buy” rating for GLXY. Earlier on June 24, 2025, Rosenblatt initiated its rating. Their recommendation was “a Buy” for GLXY stock.

Analyzing GLXY Stock Performance

On last trading session, Galaxy Digital Inc [NASDAQ: GLXY] rose 1.72% to $24.51. The stock’s lowest price that day was $22.99, but it reached a high of $24.51 in the same session. During the last five days, there has been a drop of approximately -13.51%. Over the course of the year, Galaxy Digital Inc shares have jumped approximately 195.30%. Shares of the company reached a 52-week high of $33.17 on 07/24/25 and a 52-week low of $8.20 on 04/07/25.

Support And Resistance Levels for Galaxy Digital Inc (GLXY)

According to the 24-hour chart, there is a support level at 23.47, which, if violated, would cause prices to drop to 22.43. In the upper region, resistance lies at 25.03. The next price resistance is at 25.55. RSI (Relative Strength Index) is 43.75 on the 14-day chart, showing neutral technical sentiment.

Is Galaxy Digital Inc subject to short interest?

Stocks of Galaxy Digital Inc saw a sharp rise in short interest on 2025-07-31 jumping by 1.5 million shares to 15.47 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 13.97 million shares. A jump of 9.72% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.61 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.61.

Which companies own the most shares of Galaxy Digital Inc (GLXY)?

In terms of Galaxy Digital Inc share price expectations, FactSet research, analysts set an average price target of 35 in the next 12 months, up nearly 45.29% from the previous closing price of $24.09. Analysts anticipate Galaxy Digital Inc stock to reach 35 by 2025, with the lowest price target being 35.

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