iCoreConnect Inc’s recently made public that its 10% Owner Fundamental Global Inc. unloaded Company’s shares for reported $0.24 million on Nov 01 ’24. In the deal valued at $0.24 per share,1,000,000 shares were sold. As a result of this transaction, Fundamental Global Inc. now holds 2,223,843 shares worth roughly $0.38 million.
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Then, Fundamental Global Inc. sold 100,000 shares, generating $23,270 in total proceeds. Upon selling the shares at $0.23, the 10% Owner now owns 3,423,843 shares.
Before that, Fundamental Global Inc. sold 100,000 shares. iCoreConnect Inc shares valued at $22,750 were divested by the 10% Owner at a price of $0.23 per share. As a result of the transaction, Fundamental Global Inc. now holds 3,323,843 shares, worth roughly $0.57 million.
Price Performance Review of ICCT
On Monday, iCoreConnect Inc [NASDAQ:ICCT] saw its stock jump 7.37% to $0.17. Over the last five days, the stock has gained 1.06%. iCoreConnect Inc shares have fallen nearly -86.13% since the year began. Nevertheless, the stocks have fallen -87.80% over the past one year. While a 52-week high of $3.20 was reached on 01/26/24, a 52-week low of $0.15 was recorded on 10/31/24. SMA at 50 days reached $0.3260, while 200 days put it at $0.8482.
Levels Of Support And Resistance For ICCT Stock
The 24-hour chart illustrates a support level at 0.1652, which if violated will result in even more drops to 0.1583. On the upside, there is a resistance level at 0.1757. A further resistance level may holdings at 0.1793. The Relative Strength Index (RSI) on the 14-day chart is 34.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0112, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.00%. Stochastics %K at 6.87% indicates the stock is a buying.
How much short interest is there in iCoreConnect Inc?
A steep rise in short interest was recorded in iCoreConnect Inc stocks on 2024-10-31, growing by 75689.0 shares to a total of 0.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 34770.0 shares. There was a rise of 68.52%, which implies that there is a positive sentiment for the stock.