In a filing, Safe and Green Development Corp revealed its Chief Financial Officer Brune Nicolai Ayrton unloaded Company’s shares for reported $3163.0 on Sep 09 ’24. In the deal valued at $0.26 per share,12,000 shares were sold. As a result of this transaction, Brune Nicolai Ayrton now holds 155,472 shares worth roughly $0.48 million.
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Then, Brune Nicolai Ayrton sold 10,000 shares, generating $2,502 in total proceeds. Upon selling the shares at $0.25, the Chief Financial Officer now owns 145,472 shares.
Before that, Brune Nicolai Ayrton bought 10,000 shares. Safe and Green Development Corp shares valued at $2,421 were divested by the Officer at a price of $0.24 per share.
Price Performance Review of SGD
On Friday, Safe and Green Development Corp [NASDAQ:SGD] saw its stock jump 4.71% to $3.11. Over the last five days, the stock has lost -1.58%. Safe and Green Development Corp shares have fallen nearly -88.89% since the year began. Nevertheless, the stocks have fallen -83.46% over the past one year. While a 52-week high of $168.40 was reached on 03/08/24, a 52-week low of $2.66 was recorded on 10/16/24. SMA at 50 days reached $4.60, while 200 days put it at $10.25.
Levels Of Support And Resistance For SGD Stock
The 24-hour chart illustrates a support level at 2.93, which if violated will result in even more drops to 2.76. On the upside, there is a resistance level at 3.30. A further resistance level may holdings at 3.50. The Relative Strength Index (RSI) on the 14-day chart is 40.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.61%. Stochastics %K at 11.14% indicates the stock is a buying.
How much short interest is there in Safe and Green Development Corp?
A steep rise in short interest was recorded in Safe and Green Development Corp stocks on 2024-10-15, growing by 86945.0 shares to a total of 99814.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 12869.0 shares. There was a rise of 87.11%, which implies that there is a positive sentiment for the stock.
