Hertz Global Holdings Inc (NASDAQ:HTZ) shares are trending on Wednesday amid continued short-interest chatter.
- Hertz Global Holdings stock is facing resistance. What’s driving HTZ stock lower?
Earnings Beat Triggers Retail Rally
Retail traders have been crowding into Hertz after last week’s earnings surprise, with discussion centered on the stock’s extremely high short interest, about 73% of available shares sold short, raising the odds of squeeze-style price action if buying pressure persists. The stock remains one of the most mentioned names on Reddit’s WallStreetBets as of Wednesday.
Hertz’s rally impulse traces back to a second-quarter print posted last week that showed revenue of $2.4 billion ($2.28 billion estimate) and an adjusted loss of 11 cents per share (24-cent loss estimate), numbers that helped kick off the retail-driven rally.
Hertz delivered top-line expansion despite operating a 1% smaller overall fleet, supported by an 80-basis-point increase in total vehicle utilization to 79%. Adjusted Corporate EBITDA expanded to $81 million, up from $18 million in the second quarter of 2025, topping the upper end of management’s revised guidance.
Fleet Upgrade and Liquidity Position
The company highlighted strategic progress in its fleet transformation, reporting that 94% of its U.S. core fleet now consists of model year 2025 and 2026 vehicles. Hertz closed the quarter with nearly $1 billion in total liquidity, providing financial flexibility to continue funding its core business recovery and long-term mobility initiatives.
Hertz Stock: Key Technical Levels To Watch
From a longer-term trend view, Hertz is still in a damaged structure: it’s down 54.78% over the past 12 months and remains well below its major longer-term averages (about 44% below the 100-day SMA at $4.31 and about 49% below the 200-day SMA at $4.72). Even after the recent bounce, the stock is still trading about 18% below its 50-day SMA ($2.94), which often acts as a "line in the sand" for whether a rebound is turning into a real trend change.
Near-term, the stock is holding above its 20-day SMA ($1.87), reflecting that the latest rally has improved the immediate setup even if the bigger trend is still bearish. The moving-average backdrop stays a headwind, with the 20-day SMA below the 50-day SMA (bearish) and a death cross in June (50-day below 200-day), which typically keeps rallies more "tradeable" than "trustworthy" until price can reclaim key averages.
Momentum is best framed through MACD right now: MACD being above its signal line with a positive histogram suggests downside pressure is easing versus the prior downswing, even if the broader trend hasn’t fully flipped. In plain terms, that signal-line crossover often shows buyers are gaining traction, but it still needs follow-through above the 50-day area to look like more than a squeeze-driven bounce.
- Key Resistance: $2.94 — aligns with the 50-day SMA, a common area where rebounds stall
- Key Support: $1.87 — near the 20-day SMA, which has been supporting the latest upswing
HTZ Stock Price Movement on Wednesday
HTZ Stock Price Activity: Hertz Global Holdings shares were up 0.82% at $2.47 at the time of publication on Wednesday, according to Benzinga Pro data.
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