Rush Street Interactive Inc’s recently made public that its Chief Information Officer ROOSILEHT EINAR unloaded Company’s shares for reported $1.36 million on Aug 27 ’24. In the deal valued at $9.09 per share,150,000 shares were sold. As a result of this transaction, ROOSILEHT EINAR now holds 809,260 shares worth roughly $-9.19 million.
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Then, ROOSILEHT EINAR bought 150,000 shares, generating $1,362,905 in total proceeds.
Before that, WIERBICKI PAUL sold 20,437 shares. Rush Street Interactive Inc shares valued at $194,750 were divested by the Chief Legal Officer at a price of $9.53 per share. As a result of the transaction, WIERBICKI PAUL now holds 174,982 shares, worth roughly $1.99 million.
Needham reiterated its Rush Street Interactive Inc [RSI] rating to a Buy in a research note published on May 17, 2024; the price target was $10. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in mid April from “a Hold” to “a Buy”. JMP Securities also remained covering RSI and has decreased its forecast on March 08, 2024 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Susquehanna revised its rating on March 04, 2024. It rated RSI as “a Neutral” which previously was an “a Positive”.
Price Performance Review of RSI
On Monday, Rush Street Interactive Inc [NYSE:RSI] saw its stock fall -0.44% to $11.36. Over the last five days, the stock has gained 8.81%. Rush Street Interactive Inc shares have risen nearly 153.01% since the year began. Nevertheless, the stocks have risen 192.03% over the past one year. While a 52-week high of $11.59 was reached on 08/01/24, a 52-week low of $3.17 was recorded on 01/16/24. SMA at 50 days reached $9.88, while 200 days put it at $7.84.
Levels Of Support And Resistance For RSI Stock
The 24-hour chart illustrates a support level at 11.20, which if violated will result in even more drops to 11.04. On the upside, there is a resistance level at 11.53. A further resistance level may holdings at 11.70. The Relative Strength Index (RSI) on the 14-day chart is 67.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.50%. Stochastics %K at 86.74% indicates the stock is a selling.
How much short interest is there in Rush Street Interactive Inc?
A steep rise in short interest was recorded in Rush Street Interactive Inc stocks on 2024-09-30, growing by 0.24 million shares to a total of 4.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 4.0 million shares. There was a rise of 5.61%, which implies that there is a positive sentiment for the stock.
