In a filing, BranchOut Food Inc revealed its Director Jones Byron Riche acquired Company’s shares for reported $1921.0 on Aug 26 ’24. In the deal valued at $0.65 per share,2,955 shares were bought. As a result of this transaction, Jones Byron Riche now holds 148,789 shares worth roughly $0.24 million.
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Then, Jones Byron Riche bought 41,755 shares, generating $41,337 in total proceeds. Upon buying the shares at $0.99, the Director now owns 145,834 shares.
Price Performance Review of BOF
On Tuesday, BranchOut Food Inc [NASDAQ:BOF] saw its stock jump 1.86% to $1.64. Over the last five days, the stock has lost -10.73%. BranchOut Food Inc shares have risen nearly 30.58% since the year began. Nevertheless, the stocks have risen 26.40% over the past one year. While a 52-week high of $4.11 was reached on 09/03/24, a 52-week low of $0.61 was recorded on 08/12/24. SMA at 50 days reached $1.7476, while 200 days put it at $1.5712.
Levels Of Support And Resistance For BOF Stock
The 24-hour chart illustrates a support level at 1.6000, which if violated will result in even more drops to 1.5600. On the upside, there is a resistance level at 1.6600. A further resistance level may holdings at 1.6800. The Relative Strength Index (RSI) on the 14-day chart is 39.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1026, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.49%. Stochastics %K at 20.96% indicates the stock is a holding.
How much short interest is there in BranchOut Food Inc?
A steep rise in short interest was recorded in BranchOut Food Inc stocks on 2024-10-31, growing by 0.15 million shares to a total of 0.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.15 million shares. There was a rise of 50.07%, which implies that there is a positive sentiment for the stock.
