Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. AIM ImmunoTech Inc shares valued at $15,000 were purchased by BRYAN NANCY on Mar 21 ’24. At $0.39 per share, BRYAN NANCY acquired 38,462 shares. The insider’s holdings grew to 38,462 shares worth approximately $21538.72 following the completion of this transaction.
Also, APPELROUTH STEWART purchased 90,910 shares, netting a total of over 30,000 in proceeds. Following the buying of shares at $0.33 each, the insider now holds 239,765 shares.
Before that, Equels Thomas K had added 75,758 shares to its account. In a trade valued at $25,000, the CEO & President bought AIM ImmunoTech Inc shares for $0.33 each. Upon closing the transaction, the insider’s holdings increased to 75,758 shares, worth approximately $0.4 million.
Analyzing AIM Stock Performance
During the last five days, there has been a surge of approximately 17.18%. Over the course of the year, AIM ImmunoTech Inc shares have jumped approximately 26.85%. Shares of the company reached a 52-week high of $0.6033 on 04/10/24 and a 52-week low of $0.3201 on 03/14/24. A 50-day SMA is recorded $0.4189, while a 200-day SMA reached $0.5026. Nevertheless, trading volume fell to 1.23 million shares from 0.4 million shares the previous day.
Support And Resistance Levels for AIM ImmunoTech Inc (AIM)
According to the 24-hour chart, there is a support level at 0.4942, which, if violated, would cause prices to drop to 0.4305. In the upper region, resistance lies at 0.6125. The next price resistance is at 0.6671. RSI (Relative Strength Index) is 68.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.0424, which suggests the price will decrease in the coming days. Percent R is at 19.84%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
Is AIM ImmunoTech Inc subject to short interest?
Stocks of AIM ImmunoTech Inc saw a sharp rise in short interest on Mar 28, 2024 jumping by 80450.0 shares to 0.49 million. Data from Yahoo Finance shows that the short interest on Feb 29, 2024 was 0.41 million shares. A jump of 16.34% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.17 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.17.
