In a filing, iCoreConnect Inc revealed 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 $0.4 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 $0.6 million.
Price Performance Review of ICCT
On Monday, iCoreConnect Inc [NASDAQ:ICCT] saw its stock jump 5.00% to $0.18. Over the last five days, the stock has gained 3.78%. iCoreConnect Inc shares have fallen nearly -85.60% since the year began. Nevertheless, the stocks have fallen -85.72% 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 $0.2927, while 200 days put it at $0.8131.
Levels Of Support And Resistance For ICCT Stock
The 24-hour chart illustrates a support level at 0.1725, which if violated will result in even more drops to 0.1666. On the upside, there is a resistance level at 0.1822. A further resistance level may holdings at 0.1860. The Relative Strength Index (RSI) on the 14-day chart is 38.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0000, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.71%. Stochastics %K at 32.37% indicates the stock is a holding.
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.
