CBL& Associates Properties, Inc’s recently made public that its Chief Legal Officer & Sec. Curry Jeffery V. unloaded Company’s shares for reported $1493.0 on Dec 19 ’24. In the deal valued at $29.86 per share,50 shares were sold. As a result of this transaction, Curry Jeffery V. now holds 90,280 shares worth roughly $2.66 million.
Then, OCM Xb CBL-E Holdings, LLC sold 1,000,000 shares, generating $30,400,000 in total proceeds. Upon selling the shares at $30.40, the 10% Owner now owns 2,983,967 shares.
Before that, Jaenicke Benjamin W sold 3,782 shares. CBL& Associates Properties, Inc shares valued at $96,144 were divested by the EVP – Chief Financial Officer at a price of $25.42 per share. As a result of the transaction, Jaenicke Benjamin W now holds 49,423 shares, worth roughly $1.45 million.
Price Performance Review of CBL
On Tuesday, CBL& Associates Properties, Inc [NYSE:CBL] saw its stock fall -1.11% to $29.41. Over the last five days, the stock has gained 0.20%. CBL& Associates Properties, Inc shares have risen nearly 20.43% since the year began. Nevertheless, the stocks have risen 20.43% over the past one year. While a 52-week high of $32.20 was reached on 12/05/24, a 52-week low of $20.97 was recorded on 04/18/24. SMA at 50 days reached $29.06, while 200 days put it at $25.16.
Levels Of Support And Resistance For CBL Stock
The 24-hour chart illustrates a support level at 29.01, which if violated will result in even more drops to 28.61. On the upside, there is a resistance level at 29.93. A further resistance level may holdings at 30.45. The Relative Strength Index (RSI) on the 14-day chart is 45.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.71%. Stochastics %K at 26.55% indicates the stock is a holding.
How much short interest is there in CBL& Associates Properties, Inc?
A steep rise in short interest was recorded in CBL& Associates Properties, Inc stocks on 2024-12-13, dropping by -0.43 million shares to a total of 1.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.67 million shares. There was a decline of -34.09%, which implies that there is a negative sentiment for the stock.
