Blue Star Foods Corp’s recent filing unveils that its Director Herian Nubar acquired Company’s shares for reported $2113.0 on Feb 28 ’24. In the deal valued at $0.10 per share,21,000 shares were bought. As a result of this transaction, Herian Nubar now holds 224,736 shares worth roughly $17978.88.
Then, Herian Nubar bought 20,000 shares, generating $2,780 in total proceeds. Upon buying the shares at $0.14, the Director now owns 203,736 shares.
Before that, Herian Nubar bought 5,000 shares. Blue Star Foods Corp shares valued at $742 were divested by the Director at a price of $0.15 per share. As a result of the transaction, Herian Nubar now holds 183,736 shares, worth roughly $14698.880000000001.
Price Performance Review of BSFC
On Friday, Blue Star Foods Corp [NASDAQ:BSFC] saw its stock fall -6.28% to $0.08. Over the last five days, the stock has lost -12.01%. Blue Star Foods Corp shares have fallen nearly -44.03% since the year began. Nevertheless, the stocks have fallen -96.77% over the past one year. While a 52-week high of $2.96 was reached on 03/04/24, a 52-week low of $0.08 was recorded on 04/05/24. SMA at 50 days reached $0.1117, while 200 days put it at $0.3796. A total of 2.19 million shares were traded, compared to the trading of 1.15 million shares in the previous session.
Levels Of Support And Resistance For BSFC Stock
The 24-hour chart illustrates a support level at 0.0721, which if violated will result in even more drops to 0.0635. On the upside, there is a resistance level at 0.0891. A further resistance level may holdings at 0.0975. The Relative Strength Index (RSI) on the 14-day chart is 34.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0074, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.45%. Stochastics %K at 14.44% indicates the stock is a buying.
How much short interest is there in Blue Star Foods Corp?
A steep rise in short interest was recorded in Blue Star Foods Corp stocks on Mar 15, 2024, growing by 97280.0 shares to a total of 0.32 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 0.23 million shares. There was a rise of 30.0%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.25% of the overall stock float, the days-to-cover ratio (short ratio) rose to 0.1.
