Unusual Machines Inc’s recent filing unveils that its Director Lowry Robert Paul acquired Company’s shares for reported $50000.0 on Oct 30 ’24. In the deal valued at $1.52 per share,32,895 shares were bought. As a result of this transaction, Lowry Robert Paul now holds 73,502 shares worth roughly $0.43 million.
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Then, Evans Allan Thomas bought 65,789 shares, generating $99,999 in total proceeds. Upon buying the shares at $1.52, the Chief Executive Officer now owns 90,789 shares.
Before that, Rich Sanford bought 65,789 shares. Unusual Machines Inc shares valued at $99,999 were divested by the Director at a price of $1.52 per share. As a result of the transaction, Rich Sanford now holds 118,696 shares, worth roughly $0.7 million.
Price Performance Review of UMAC
On Monday, Unusual Machines Inc [AMEX:UMAC] saw its stock jump 34.32% to $5.91. Over the last five days, the stock has gained 118.89%. Unusual Machines Inc shares have risen nearly 95.05% since the year began.
Levels Of Support And Resistance For UMAC Stock
The 24-hour chart illustrates a support level at 4.77, which if violated will result in even more drops to 3.64. On the upside, there is a resistance level at 6.77. A further resistance level may holdings at 7.64. The Relative Strength Index (RSI) on the 14-day chart is 85.46, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.47%. Stochastics %K at 81.73% indicates the stock is a selling.
How much short interest is there in Unusual Machines Inc?
A steep rise in short interest was recorded in Unusual Machines Inc stocks on 2024-10-31, growing by 2293.0 shares to a total of 5466.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3173.0 shares. There was a rise of 41.95%, which implies that there is a positive sentiment for the stock.
