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A company insider recently sold 506,296 shares of MSP Recovery Inc [LIFW]. Should You also Consider to Sale?

MSP Recovery Inc’s filing revealed that its Former 10% Owner Palantir Technologies Inc. unloaded Company’s shares for reported $65717.0 on Nov 06 ’24. In the deal valued at $0.13 per share,506,296 shares were sold. As a result of this transaction, Palantir Technologies Inc. now holds 2,985,381 shares worth roughly $0.39 million.

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Then, Palantir Technologies Inc. sold 340,300 shares, generating $37,331 in total proceeds. Upon selling the shares at $0.11, the Former 10% Owner now owns 3,491,677 shares.

Before that, Palantir Technologies Inc. sold 111,760 shares. MSP Recovery Inc shares valued at $11,299 were divested by the Former 10% Owner at a price of $0.10 per share. As a result of the transaction, Palantir Technologies Inc. now holds 3,831,977 shares, worth roughly $0.5 million.

Price Performance Review of LIFW

On Monday, MSP Recovery Inc [NASDAQ:LIFW] saw its stock jump 2.10% to $0.13. Over the last five days, the stock has gained 25.45%. MSP Recovery Inc shares have fallen nearly -94.42% since the year began. Nevertheless, the stocks have fallen -98.09% over the past one year. While a 52-week high of $8.25 was reached on 04/08/24, a 52-week low of $0.09 was recorded on 11/01/24. SMA at 50 days reached $0.1477, while 200 days put it at $0.5640.

Levels Of Support And Resistance For LIFW Stock

The 24-hour chart illustrates a support level at 0.1148, which if violated will result in even more drops to 0.1028. On the upside, there is a resistance level at 0.1353. A further resistance level may holdings at 0.1438. The Relative Strength Index (RSI) on the 14-day chart is 45.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0015, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.51%. Stochastics %K at 35.09% 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 2024-10-15, growing by 0.17 million shares to a total of 1.0 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.83 million shares. There was a rise of 17.11%, which implies that there is a positive sentiment for the stock.

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