In a filing, Rush Street Interactive Inc revealed its Chief Executive Officer SCHWARTZ RICHARD TODD unloaded Company’s shares for reported $2.02 million on Dec 10 ’24. In the deal valued at $13.57 per share,148,649 shares were sold. As a result of this transaction, SCHWARTZ RICHARD TODD now holds 1,613,578 shares worth roughly $21.77 million.
Then, SCHWARTZ RICHARD TODD sold 45,256 shares, generating $611,277 in total proceeds. Upon selling the shares at $13.51, the Chief Executive Officer now owns 1,762,227 shares.
Before that, SCHWARTZ RICHARD TODD bought 193,905 shares. Rush Street Interactive Inc shares valued at $2,231,265 were divested by the Officer at a price of $11.51 per share.
Needham reiterated its Rush Street Interactive Inc [RSI] rating to a Buy in a research note published on May 17, 2024; the price target was $10. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who increased its forecast for the stock in mid April from “a Hold” to “a Buy”. JMP Securities also remained covering RSI and has decreased its forecast on March 08, 2024 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Susquehanna revised its rating on March 04, 2024. It rated RSI as “a Neutral” which previously was an “a Positive”.
Price Performance Review of RSI
On Monday, Rush Street Interactive Inc [NYSE:RSI] saw its stock fall -1.32% to $13.49. Over the last five days, the stock has lost -1.96%. Rush Street Interactive Inc shares have risen nearly 200.45% since the year began. Nevertheless, the stocks have risen 205.20% over the past one year. While a 52-week high of $14.92 was reached on 12/04/24, a 52-week low of $3.56 was recorded on 01/16/24. SMA at 50 days reached $12.26, while 200 days put it at $9.59.
Levels Of Support And Resistance For RSI Stock
The 24-hour chart illustrates a support level at 13.22, which if violated will result in even more drops to 12.96. On the upside, there is a resistance level at 13.71. A further resistance level may holdings at 13.93. The Relative Strength Index (RSI) on the 14-day chart is 53.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.84%. Stochastics %K at 32.71% indicates the stock is a holding.
How much short interest is there in Rush Street Interactive Inc?
A steep rise in short interest was recorded in Rush Street Interactive Inc stocks on 2024-11-29, growing by 0.76 million shares to a total of 5.85 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 5.09 million shares. There was a rise of 12.93%, which implies that there is a positive sentiment for the stock.
