In a filing, OppFi Inc revealed its Director Vennettilli David unloaded Company’s shares for reported $0.17 million on Aug 09 ’24. In the deal valued at $4.34 per share,38,886 shares were sold. As a result of this transaction, Vennettilli David now holds 94,497 shares worth roughly $0.52 million.
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Then, Vennettilli David bought 38,886 shares, generating $168,629 in total proceeds.
Before that, Moore Jocelyn sold 32,488 shares. OppFi Inc shares valued at $102,068 were divested by the Director at a price of $3.14 per share. As a result of the transaction, Moore Jocelyn now holds 72,893 shares, worth roughly $0.4 million.
Needham initiated its OppFi Inc [OPFI] rating to a Buy in a research note published on August 17, 2021; the price target was $10.
Price Performance Review of OPFI
On Tuesday, OppFi Inc [NYSE:OPFI] saw its stock jump 3.54% to $5.55. Over the last five days, the stock has gained 13.73%. OppFi Inc shares have risen nearly 13.04% since the year began. Nevertheless, the stocks have risen 147.34% over the past one year. While a 52-week high of $5.43 was reached on 10/22/24, a 52-week low of $2.09 was recorded on 03/26/24. SMA at 50 days reached $4.60, while 200 days put it at $3.62.
Levels Of Support And Resistance For OPFI Stock
The 24-hour chart illustrates a support level at 5.35, which if violated will result in even more drops to 5.14. On the upside, there is a resistance level at 5.67. A further resistance level may holdings at 5.78. The Relative Strength Index (RSI) on the 14-day chart is 69.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.50%. Stochastics %K at 95.75% indicates the stock is a selling.
How much short interest is there in OppFi Inc?
A steep rise in short interest was recorded in OppFi Inc stocks on 2024-09-30, growing by 39689.0 shares to a total of 1.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 1.19 million shares. There was a rise of 3.22%, which implies that there is a positive sentiment for the stock.
