LendingClub Corporation (NYSE:LC) Short Interest Down 23.8% in December

31 Dec 2025, 00:28 by Teresa Graham · The Cerbat Gem

LendingClub Corporation (NYSE:LC – Get Free Report) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 3,759,392 shares, a drop of 23.8% from the November 30th total of 4,930,505 shares. Currently, 3.4% of the shares of the company are short sold. Based on an average trading volume of 1,713,116 shares, the days-to-cover ratio is presently 2.2 days. Based on an average trading volume of 1,713,116 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.4% of the shares of the company are short sold.

Analysts Set New Price Targets

LC has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods raised their target price on shares of LendingClub from $20.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Zacks Research raised shares of LendingClub from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. Citizens Jmp upgraded shares of LendingClub from a “market perform” rating to an “outperform” rating and set a $23.00 target price on the stock in a research note on Monday, November 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of LendingClub in a research note on Monday. Finally, BTIG Research raised their price target on LendingClub from $18.00 to $26.00 and gave the company a “buy” rating in a report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.57.

Get Our Latest Stock Report on LC

Insiders Place Their Bets

In other LendingClub news, CEO Scott Sanborn sold 30,000 shares of the company’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $19.29, for a total value of $578,700.00. Following the completion of the sale, the chief executive officer owned 1,210,070 shares in the company, valued at $23,342,250.30. This represents a 2.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Erin Selleck sold 2,390 shares of LendingClub stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $19.47, for a total value of $46,533.30. Following the transaction, the director directly owned 76,377 shares in the company, valued at approximately $1,487,060.19. The trade was a 3.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.31% of the company’s stock.

Hedge Funds Weigh In On LendingClub

Several institutional investors have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd bought a new position in shares of LendingClub in the 3rd quarter valued at about $26,000. Quarry LP lifted its stake in shares of LendingClub by 1,427.2% in the 1st quarter. Quarry LP now owns 2,810 shares of the credit services provider’s stock valued at $29,000 after purchasing an additional 2,626 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of LendingClub in the 2nd quarter worth approximately $53,000. Advisory Services Network LLC bought a new position in shares of LendingClub during the 3rd quarter valued at approximately $59,000. Finally, Jones Financial Companies Lllp raised its holdings in LendingClub by 46.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,051 shares of the credit services provider’s stock valued at $67,000 after buying an additional 1,290 shares during the period. Institutional investors own 74.08% of the company’s stock.

LendingClub Price Performance

Shares of LendingClub stock traded down $0.25 during trading on Tuesday, reaching $19.27. 1,015,353 shares of the stock traded hands, compared to its average volume of 1,585,401. LendingClub has a 52-week low of $7.90 and a 52-week high of $20.94. The business has a fifty day simple moving average of $18.30 and a two-hundred day simple moving average of $16.02. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 21.90 and a beta of 2.14.

LendingClub (NYSE:LC – Get Free Report) last posted its earnings results on Wednesday, October 22nd. The credit services provider reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.07. The company had revenue of $107.79 million for the quarter, compared to the consensus estimate of $256.27 million. LendingClub had a return on equity of 7.68% and a net margin of 10.94%.The firm’s revenue for the quarter was up 31.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.13 earnings per share. On average, research analysts predict that LendingClub will post 0.72 earnings per share for the current fiscal year.

LendingClub declared that its board has approved a share repurchase plan on Wednesday, November 5th that permits the company to buyback $100.00 million in shares. This buyback authorization permits the credit services provider to purchase up to 4.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

About LendingClub

(Get Free Report)

LendingClub Corporation operates an online lending marketplace that connects borrowers seeking personal and small business credit with individual and institutional investors. The platform leverages technology to streamline the loan application and underwriting process, offering unsecured personal loans, auto refinancing, and small business loans. In addition to lending products, LendingClub provides high-yield savings accounts and certificates of deposit through its banking charter, following its acquisition of Radius Bank in 2021.