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Renovaro Inc [RENB] Investment Appeal on the Rise

Renovaro Inc’s recent filing unveils that its 10% Owner William Anderson Wittekind unloaded Company’s shares for reported $1448.0 on Jul 29 ’24. In the deal valued at $1.30 per share,1,114 shares were sold. As a result of this transaction, William Anderson Wittekind now holds 840,319 shares worth roughly $0.64 million.

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Then, William Anderson Wittekind sold 16,362 shares, generating $23,889 in total proceeds. Upon selling the shares at $1.46, the 10% Owner now owns 841,433 shares.

Before that, William Anderson Wittekind sold 21,954 shares. Renovaro Inc shares valued at $30,955 were divested by the 10% Owner at a price of $1.41 per share. As a result of the transaction, William Anderson Wittekind now holds 875,795 shares, worth roughly $0.67 million.

Price Performance Review of RENB

On Friday, Renovaro Inc [NASDAQ:RENB] saw its stock jump 23.94% to $0.76. Over the last five days, the stock has gained 51.04%. Renovaro Inc shares have fallen nearly -76.14% since the year began. Nevertheless, the stocks have fallen -77.08% over the past one year. While a 52-week high of $5.25 was reached on 01/25/24, a 52-week low of $0.40 was recorded on 10/09/24. SMA at 50 days reached $0.5509, while 200 days put it at $1.3327.

Levels Of Support And Resistance For RENB Stock

The 24-hour chart illustrates a support level at 0.6604, which if violated will result in even more drops to 0.5645. On the upside, there is a resistance level at 0.8419. A further resistance level may holdings at 0.9275. The Relative Strength Index (RSI) on the 14-day chart is 66.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0703, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.22%. Stochastics %K at 74.98% indicates the stock is a holding.

How much short interest is there in Renovaro Inc?

A steep rise in short interest was recorded in Renovaro Inc stocks on 2024-10-31, dropping by -0.28 million shares to a total of 3.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.51 million shares. There was a decline of -8.71%, which implies that there is a negative sentiment for the stock.

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