RH (NYSE:RH) Short Interest Update

RH (NYSE:RH) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 4,843,506 shares, an increase of 28.3% from the February 26th total of 3,776,531 shares. Based on an average daily volume of 1,250,169 shares, the days-to-cover ratio is currently 3.9 days. Approximately 35.3% of the company’s shares are short sold.

RH Trading Up 6.0%

Shares of RH stock traded up $7.96 during trading hours on Tuesday, hitting $139.98. 2,903,385 shares of the company were exchanged, compared to its average volume of 1,122,319. The company has a 50 day simple moving average of $176.40 and a two-hundred day simple moving average of $180.98. The firm has a market cap of $2.63 billion, a P/E ratio of 25.27, a P/E/G ratio of 0.54 and a beta of 2.14. The company has a debt-to-equity ratio of 944.39, a quick ratio of 0.26 and a current ratio of 1.19. RH has a fifty-two week low of $123.03 and a fifty-two week high of $257.00.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Wells Fargo & Company reduced their target price on RH from $250.00 to $225.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Stifel Nicolaus restated a “hold” rating and issued a $165.00 price target (down from $320.00) on shares of RH in a research report on Friday, December 12th. Telsey Advisory Group reduced their price objective on shares of RH from $185.00 to $165.00 and set a “market perform” rating on the stock in a research note on Wednesday, March 25th. Bank of America decreased their price objective on shares of RH from $200.00 to $170.00 and set an “underperform” rating for the company in a research report on Friday, December 12th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of RH in a research note on Tuesday, January 27th. Seven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $211.07.

More RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: TD Cowen maintained a “buy” rating while cutting its price target (from $265 to $200), which provides analyst support for the stock despite the downgrade in target. TD Cowen price target update
• Neutral Sentiment: RH formally released its Fourth Quarter and Fiscal 2025 results and posted a management presentation and webcast — providing the official detail behind the headlines and a forum for management to explain performance and outlook. Business Wire: Q4 results
• Neutral Sentiment: Coverage notes leadership changes that highlight a shift in focus toward manufacturing and real estate strategy — items that could influence RH’s cost structure and valuation over time but are not immediate earnings drivers. Yahoo Finance: Leadership changes
• Negative Sentiment: Benzinga reports RH’s Q4 results missed estimates, prompting the initial sell-off and investor concern about near-term profitability and demand trends. Benzinga: Q4 miss
• Negative Sentiment: The Wall Street Journal reports tariffs and weather hurt fourth-quarter results and RH now expects first-quarter revenue to decline 2%–4%, signaling near-term top-line pressure and increased guidance risk. WSJ: Tariff, weather impacts and Q1 revenue view
• Negative Sentiment: Short interest in RH rose ~28% in March, which increases downside risk from squeezes and signals growing bearish positioning among traders. American Banking News: Short interest

Insiders Place Their Bets

In related news, insider Eri Chaya sold 7,000 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $129.42, for a total transaction of $905,940.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark S. Demilio sold 2,254 shares of RH stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total value of $495,880.00. Following the transaction, the director directly owned 19,962 shares in the company, valued at $4,391,640. The trade was a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 18,654 shares of company stock valued at $2,861,468 over the last 90 days. 27.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On RH

Several hedge funds and other institutional investors have recently bought and sold shares of RH. Senvest Management LLC boosted its position in shares of RH by 30.1% during the 4th quarter. Senvest Management LLC now owns 842,577 shares of the company’s stock worth $150,948,000 after purchasing an additional 194,773 shares in the last quarter. Durable Capital Partners LP raised its stake in RH by 125.1% during the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock worth $122,119,000 after buying an additional 359,101 shares during the period. Alliancebernstein L.P. raised its stake in RH by 66.1% during the 3rd quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock worth $116,546,000 after buying an additional 228,229 shares during the period. Two Sigma Investments LP boosted its holdings in RH by 40.9% in the third quarter. Two Sigma Investments LP now owns 359,093 shares of the company’s stock worth $72,953,000 after acquiring an additional 104,154 shares in the last quarter. Finally, Morgan Stanley grew its stake in RH by 0.8% in the fourth quarter. Morgan Stanley now owns 353,996 shares of the company’s stock valued at $63,419,000 after acquiring an additional 2,658 shares during the period. 90.17% of the stock is owned by institutional investors.

About RH

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.