Resources Connection, Inc. (NASDAQ:RGP) Short Interest Update

Posted by George Bondi on Jul 18th, 2026

Resources Connection, Inc. (NASDAQ:RGP – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,305,464 shares, a drop of 36.9% from the June 15th total of 2,068,451 shares. Currently, 4.1% of the company’s stock are short sold. Based on an average daily volume of 1,029,136 shares, the days-to-cover ratio is presently 1.3 days.

Resources Connection Stock Down 1.1%

Shares of NASDAQ RGP traded down $0.05 on Friday, reaching $4.64. 581,662 shares of the company’s stock traded hands, compared to its average volume of 673,278. Resources Connection has a 12 month low of $3.06 and a 12 month high of $5.95. The business’s 50 day simple moving average is $4.45 and its two-hundred day simple moving average is $4.22. The company has a market cap of $159.29 million, a price-to-earnings ratio of -1.57 and a beta of 0.55.

Resources Connection Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Thursday, May 21st were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Thursday, May 21st. Resources Connection’s payout ratio is -9.46%.

Analyst Ratings Changes

Several brokerages recently weighed in on RGP. Wall Street Zen raised Resources Connection from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research raised Resources Connection from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 9th. Finally, Weiss Ratings upgraded shares of Resources Connection from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, June 15th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Resources Connection presently has a consensus rating of “Hold” and an average price target of $7.00.

Check Out Our Latest Report on RGP

Hedge Funds Weigh In On Resources Connection

Several institutional investors and hedge funds have recently modified their holdings of RGP. Pacific Ridge Capital Partners LLC boosted its holdings in shares of Resources Connection by 4.7% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 52,320 shares of the company’s stock valued at $264,000 after purchasing an additional 2,350 shares during the last quarter. Mackenzie Financial Corp increased its holdings in shares of Resources Connection by 20.6% in the third quarter. Mackenzie Financial Corp now owns 21,134 shares of the company’s stock worth $107,000 after purchasing an additional 3,607 shares during the last quarter. Certior Financial Group LLC lifted its position in shares of Resources Connection by 30.2% in the fourth quarter. Certior Financial Group LLC now owns 17,289 shares of the company’s stock worth $87,000 after buying an additional 4,008 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Resources Connection by 19.7% during the 4th quarter. Corient Private Wealth LLC now owns 30,231 shares of the company’s stock valued at $152,000 after buying an additional 4,969 shares in the last quarter. Finally, Barclays PLC increased its stake in Resources Connection by 7.6% in the 4th quarter. Barclays PLC now owns 73,339 shares of the company’s stock worth $370,000 after acquiring an additional 5,161 shares during the last quarter. 93.23% of the stock is currently owned by institutional investors.

Resources Connection Company Profile

(Get Free Report)

Resources Connection, Inc (NASDAQ: RGP) is a publicly traded professional services firm that specializes in providing independent consulting and project-based teams to help organizations manage critical business challenges. Operating under the RGP brand, the company connects highly skilled consultants with clients seeking support in areas such as finance and accounting, legal and risk management, supply chain optimization, technology implementation, and digital transformation.

RGP’s consultants bring specific industry and functional expertise to engagements, working on a flexible basis that allows clients to scale resources up or down as needed.