In a filing, Yield10 Bioscience Inc revealed its 10% Owner SCHULER JACK W unloaded Company’s shares for reported $7430.0 on Dec 19 ’23. In the deal valued at $0.21 per share,36,000 shares were sold. As a result of this transaction, SCHULER JACK W now holds 1,566,956 shares worth roughly $0.61 million.
Then, SCHULER JACK W sold 35,000 shares, generating $8,320 in total proceeds. Upon selling the shares at $0.24, the 10% Owner now owns 1,602,956 shares.
Before that, SCHULER JACK W sold 37,931 shares. Yield10 Bioscience Inc shares valued at $11,448 were divested by the 10% Owner at a price of $0.30 per share. As a result of the transaction, SCHULER JACK W now holds 872,956 shares, worth roughly $0.34 million.
Lake Street downgraded its Yield10 Bioscience Inc [YTEN] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including H.C. Wainwright’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. National Securities also remained covering YTEN and has increased its forecast on August 27, 2020 with a “Buy” recommendation from previously “Neutral” rating. National Securities revised its rating on November 18, 2019. It rated YTEN as “a Neutral” which previously was an “a Buy”.
Price Performance Review of YTEN
On Friday, Yield10 Bioscience Inc [NASDAQ:YTEN] saw its stock jump 5.77% to $0.39. Over the last five days, the stock has gained 1.87%. Yield10 Bioscience Inc shares have risen nearly 61.76% since the year began. Nevertheless, the stocks have fallen -85.71% over the past one year. While a 52-week high of $3.29 was reached on 03/21/24, a 52-week low of $0.18 was recorded on 01/26/24. SMA at 50 days reached $0.2809, while 200 days put it at $0.5865. A total of 2.6 million shares were traded, compared to the trading of 15.83 million shares in the previous session.
Levels Of Support And Resistance For YTEN Stock
The 24-hour chart illustrates a support level at 0.3451, which if violated will result in even more drops to 0.3030. On the upside, there is a resistance level at 0.4096. A further resistance level may holdings at 0.4320. The Relative Strength Index (RSI) on the 14-day chart is 58.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0214, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.50%. Stochastics %K at 27.02% indicates the stock is a holding.
How much short interest is there in Yield10 Bioscience Inc?
A steep rise in short interest was recorded in Yield10 Bioscience Inc stocks on Mar 15, 2024, dropping by -0.11 million shares to a total of 0.24 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.35 million shares. There was a decline of -44.46%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 2.19% of the overall stock float, the days-to-cover ratio (short ratio) fell to 0.98.
