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Short interest on CURI sees a significant decrease on Mar 15, 2024

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CuriosityStream Inc shares valued at $12,869 were sold by Hendricks Factual Media LLC on Apr 05 ’24. At $1.01 per share, Hendricks Factual Media LLC sold 12,742 shares. The insider’s holdings dropped to 20,862,775 shares worth approximately $24.2 million following the completion of this transaction.

Also, Hendricks Factual Media LLC sold 22,100 shares, netting a total of over 22,321 in proceeds. Following the sale of shares at $1.01 each, the insider now holds 20,875,517 shares.

Before that, Hendricks Factual Media LLC had sold 30,821 shares from its account. In a trade valued at $31,129, the 10% Owner traded CuriosityStream Inc shares for $1.01 each. Upon closing the transaction, the insider’s holdings decreased to 30,821 shares, worth approximately $24.24 million.

As published in a research note from Barrington Research on August 16, 2022, CuriosityStream Inc [CURI] has been rated down from an Outperform to a Mkt perform. Analysts at JP Morgan started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid September. As of June 18, 2021, BofA Securities has decreased its “Buy” rating to a “an Underperform” for CURI. Earlier on April 09, 2021, DA Davidson initiated its rating. Their recommendation was “a Buy” for CURI stock.

Analyzing CURI Stock Performance

During the last five days, there has been a surge of approximately 16.51%. Over the course of the year, CuriosityStream Inc shares have jumped approximately 114.78%. Shares of the company reached a 52-week high of $1.5500 on 04/11/24 and a 52-week low of $0.4500 on 02/26/24. A 50-day SMA is recorded $0.6755, while a 200-day SMA reached $0.7089. Nevertheless, trading volume fell to 0.91 million shares from 0.64 million shares the previous day.

Support And Resistance Levels for CuriosityStream Inc (CURI)

According to the 24-hour chart, there is a support level at 0.9967, which, if violated, would cause prices to drop to 0.8333. In the upper region, resistance lies at 1.4367. The next price resistance is at 1.7133. RSI (Relative Strength Index) is 62.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.2270, which suggests the price will decrease in the coming days. Percent R is at 55.71%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

Is CuriosityStream Inc subject to short interest?

Stocks of CuriosityStream Inc saw a sharp steep in short interest on Mar 15, 2024 dropping by 31060.0 shares to 0.64 million. Data from Yahoo Finance shows that the short interest on Feb 15, 2024 was 0.68 million shares. A decline of -4.82% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 8.58 of the overall float, the days-to-cover ratio (short ratio) decline to 8.58.

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