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Smart for Life Inc [SMFL] Investment Guide: What You Need to Know

Smart for Life Inc’s recent filing unveils that its 10% Owner HRT FINANCIAL LP acquired Company’s shares for reported $21326.0 on Sep 10 ’24. In the deal valued at $0.89 per share,23,962 shares were bought. As a result of this transaction, HRT FINANCIAL LP now holds 45,636 shares worth roughly $52937.759999999995.

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Then, HRT FINANCIAL LP bought 17,722 shares, generating $16,659 in total proceeds. Upon buying the shares at $0.94, the 10% Owner now owns 21,674 shares.

Before that, HRT FINANCIAL LP sold 23,811 shares. Smart for Life Inc shares valued at $24,525 were divested by the 10% Owner at a price of $1.03 per share. As a result of the transaction, HRT FINANCIAL LP now holds 3,952 shares, worth roughly $4584.32.

Price Performance Review of SMFL

On Friday, Smart for Life Inc [NASDAQ:SMFL] saw its stock fall -4.13% to $1.16. Over the last five days, the stock has gained 16.00%. Smart for Life Inc shares have fallen nearly -89.96% since the year began. Nevertheless, the stocks have fallen -94.48% over the past one year. While a 52-week high of $39.20 was reached on 01/04/24, a 52-week low of $0.78 was recorded on 08/16/24. SMA at 50 days reached $1.5900, while 200 days put it at $4.9093.

Levels Of Support And Resistance For SMFL Stock

The 24-hour chart illustrates a support level at 1.0201, which if violated will result in even more drops to 0.8803. On the upside, there is a resistance level at 1.2897. A further resistance level may holdings at 1.4195. The Relative Strength Index (RSI) on the 14-day chart is 47.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0131, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.77%. Stochastics %K at 35.67% indicates the stock is a holding.

How much short interest is there in Smart for Life Inc?

A steep rise in short interest was recorded in Smart for Life Inc stocks on 2024-08-30, growing by 74385.0 shares to a total of 0.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 65561.0 shares. There was a rise of 53.15%, which implies that there is a positive sentiment for the stock.

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