Reddit, Inc. (NYSE: RDDT) has been a topic of interest, and Fintel's data provides a detailed look into its market dynamics, institutional ownership, and short interest.
Current Market Snapshot (as of August 6, 2025):
Reddit's share price stood at $212.88, marking a significant increase of 37.45% from the prior week. Over the past year, the stock has seen substantial growth, rising 291.61% from its price of $54.36 on August 6, 2024. The company's market capitalization was approximately $39.48 billion.1
Institutional Ownership:
The platform is widely held by institutions, with 922 institutional owners filing 13D/G or 13F forms, collectively holding 116,971,100 shares.2 Notable institutional shareholders include Vanguard Group Inc, Fmr Llc, BlackRock, Inc., Coatue Management Llc, and Tiger Global Management Llc.3 The number of institutional owners increased by 14.52% in the most recent quarter.2 Fintel's Fund Sentiment Score, which tracks institutional accumulation, is updated daily and can provide further insights into smart money movements.3
Short Interest:
RDDT exhibits a notable level of short interest. As of the latest data, 19,644,363 shares are held short, representing 15.95% of the float.4 The "Days to Cover" ratio is 1.38, indicating how many days it would take for short sellers to cover their positions given the average trading volume.4 Off-exchange short volume accounts for 49.53% of the total, with 1,923,107 shares traded off-exchange.4 Short interest data is officially published twice monthly by NYSE.4
Analyst Sentiment:
Recent analyst activity shows a mixed but generally positive outlook. The average one-year price target for RDDT was recently increased by 27.33% to $202.19.1 In recent months, RBC Capital initiated coverage with a "Sector Perform" recommendation (June 3, 2025), while Seaport Global upgraded its outlook from "Neutral" to "Buy" (May 5, 2025).1 However, Wells Fargo downgraded its outlook from "Overweight" to "Equal-Weight" on May 19, 2025.1
Options Activity and Insider Trading:
Fintel provides comprehensive data on options activity, including options chains, sentiment, flow, gamma exposure, and implied volatility. The Put/Call Ratio can offer insights into the overall institutional sentiment regarding the stock.4 For insider trading, Fintel tracks an overview of insider activity, company roster, industry buy/sell ratios, and the latest insider trades, which can be valuable for understanding management's conviction.4
For a deeper dive into Reddit, Inc.'s financials, institutional ownership, short interest, and options data, you can explore the dedicated pages on Fintel.io.
