Nxu Inc’s filing revealed that its Director Ide Britt E unloaded Company’s shares for reported $70899.0 on Nov 19 ’24. In the deal valued at $0.26 per share,271,022 shares were sold. As a result of this transaction, Ide Britt E now holds 461,454 shares worth roughly $0.12 million.
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Then, Ide Britt E sold 68,978 shares, generating $21,477 in total proceeds. Upon selling the shares at $0.31, the Director now owns 732,476 shares.
Before that, Ide Britt E sold 21,700 shares. Nxu Inc shares valued at $5,542 were divested by the Director at a price of $0.26 per share. As a result of the transaction, Ide Britt E now holds 439,754 shares, worth roughly $0.11 million.
Price Performance Review of NXU
On Tuesday, Nxu Inc [NASDAQ:NXU] saw its stock fall -2.82% to $0.25. Over the last five days, the stock has lost -3.32%. Nxu Inc shares have fallen nearly -89.23% since the year began. Nevertheless, the stocks have fallen -91.44% over the past one year. While a 52-week high of $4.95 was reached on 01/02/24, a 52-week low of $0.21 was recorded on 09/10/24. SMA at 50 days reached $0.3333, while 200 days put it at $0.4265.
Levels Of Support And Resistance For NXU Stock
The 24-hour chart illustrates a support level at 0.2325, which if violated will result in even more drops to 0.2173. On the upside, there is a resistance level at 0.2635. A further resistance level may holdings at 0.2793. The Relative Strength Index (RSI) on the 14-day chart is 39.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0085, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.42%. Stochastics %K at 28.83% indicates the stock is a holding.
How much short interest is there in Nxu Inc?
A steep rise in short interest was recorded in Nxu Inc stocks on 2024-10-31, growing by 1.56 million shares to a total of 1.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.21 million shares. There was a rise of 88.02%, which implies that there is a positive sentiment for the stock.
