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

CHWY Stock

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Relay Therapeutics Inc shares valued at $57,864 were sold by Rahmer Peter on Jul 29 ’25. At $3.68 per share, Rahmer Peter sold 15,724 shares. The insider’s holdings dropped to 377,998 shares worth approximately $1.39 million following the completion of this transaction.

Also, Rahmer Peter sold 1,359 shares, netting a total of over 5,083 in proceeds. Following the sale of shares at $3.74 each, the insider now holds 393,722 shares.

Before that, Catinazzo Thomas had sold 18,380 shares from its account. In a trade valued at $67,638, the Chief Financial Officer traded Relay Therapeutics Inc shares for $3.68 each. Upon closing the transaction, the insider’s holdings decreased to 18,380 shares, worth approximately $1.24 million.

As published in their initiating research note from Wells Fargo on April 17, 2025, Relay Therapeutics Inc [RLAY] has been an Equal weight and the price target has been revised to $4. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early September. Earlier on September 10, 2024, Oppenheimer downgraded its rating. Their new recommendation was “a Perform” for RLAY stock which previously was a “an Outperform”.

Analyzing RLAY Stock Performance

On last trading session, Relay Therapeutics Inc [NASDAQ: RLAY] rose 3.36% to $3.69. The stock’s lowest price that day was $3.555, but it reached a high of $3.7 in the same session. During the last five days, there has been a surge of approximately 8.21%. Over the course of the year, Relay Therapeutics Inc shares have dropped approximately -49.17%. Shares of the company reached a 52-week high of $5.99 on 01/10/25 and a 52-week low of $1.77 on 04/07/25.

Support And Resistance Levels for Relay Therapeutics Inc (RLAY)

According to the 24-hour chart, there is a support level at 3.60, which, if violated, would cause prices to drop to 3.50. In the upper region, resistance lies at 3.74. The next price resistance is at 3.79. RSI (Relative Strength Index) is 57.43 on the 14-day chart, showing neutral technical sentiment.

Is Relay Therapeutics Inc subject to short interest?

Stocks of Relay Therapeutics Inc saw a sharp rise in short interest on 2025-08-15 jumping by 1.22 million shares to 22.74 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 21.52 million shares. A jump of 5.37% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 8.03 of the overall float, the days-to-cover ratio (short ratio) jumped to 8.03.

Which companies own the most shares of Relay Therapeutics Inc (RLAY)?

In terms of Relay Therapeutics Inc share price expectations, FactSet research, analysts set an average price target of 19 in the next 12 months, up nearly 432.21% from the previous closing price of $3.57. Analysts anticipate Relay Therapeutics Inc stock to reach 25 by 2025, with the lowest price target being 16. In spite of this, 8 analysts ranked Relay Therapeutics Inc stock as Buy at the end of 2025. On May 10, 2024, Barclays assigned a price target of “an Overweight” to the stock and upgraded coverage with a $15.

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