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Taking a Closer Look At MSP Recovery Inc (LIFW) Following Its Recent Trade

MSP Recovery Inc’s recent filing unveils that its Chief Executive Officer Ruiz John Hasan acquired Company’s shares for reported $12115.0 on Aug 28 ’24. In the deal valued at $0.24 per share,50,000 shares were bought. As a result of this transaction, Ruiz John Hasan now holds 1,791,406 shares worth roughly $0.32 million.

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Then, Ruiz John Hasan bought 360,620 shares, generating $100,000 in total proceeds. Upon buying the shares at $0.28, the Chief Executive Officer now owns 1,741,406 shares.

Before that, Ruiz John Hasan bought 100,000 shares. MSP Recovery Inc shares valued at $27,660 were divested by the Chief Executive Officer at a price of $0.28 per share. As a result of the transaction, Ruiz John Hasan now holds 1,380,786 shares, worth roughly $0.25 million.

Price Performance Review of LIFW

On Friday, MSP Recovery Inc [NASDAQ:LIFW] saw its stock jump 14.83% to $0.18. Over the last five days, the stock has gained 19.42%. MSP Recovery Inc shares have fallen nearly -91.98% since the year began. Nevertheless, the stocks have fallen -95.27% over the past one year. While a 52-week high of $17.48 was reached on 04/08/24, a 52-week low of $0.14 was recorded on 09/10/24. SMA at 50 days reached $0.2888, while 200 days put it at $0.9092.

Levels Of Support And Resistance For LIFW Stock

The 24-hour chart illustrates a support level at 0.1595, which if violated will result in even more drops to 0.1369. On the upside, there is a resistance level at 0.1948. A further resistance level may holdings at 0.2075. The Relative Strength Index (RSI) on the 14-day chart is 39.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0009, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.81%. Stochastics %K at 31.02% indicates the stock is a holding.

How much short interest is there in MSP Recovery Inc?

A steep rise in short interest was recorded in MSP Recovery Inc stocks on 2024-08-30, dropping by 38986.0 shares to a total of 0.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 0.79 million shares. There was a decline of -5.21%, which implies that there is a negative sentiment for the stock.

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