In a filing, iCoreConnect Inc revealed its 10% Owner Fundamental Global Inc. unloaded Company’s shares for reported $0.27 million on Dec 10 ’24. In the deal valued at $0.27 per share,1,000,000 shares were sold. As a result of this transaction, Fundamental Global Inc. now holds 1,223,843 shares worth roughly $3.06 million.
Then, Fundamental Global Inc. sold 10,000 shares, generating $1,725 in total proceeds. Upon selling the shares at $0.17, the 10% Owner now owns 1,213,843 shares.
Before that, Pasqual John bought 5,000 shares. iCoreConnect Inc shares valued at $2,900 were divested by the Director at a price of $0.58 per share. As a result of the transaction, Pasqual John now holds 122,016 shares, worth roughly $0.31 million.
Price Performance Review of ICCT
On Tuesday, iCoreConnect Inc [NASDAQ:ICCT] saw its stock fall -2.34% to $2.50. Over the last five days, the stock has lost -10.67%. iCoreConnect Inc shares have fallen nearly -89.92% since the year began. Nevertheless, the stocks have fallen -89.92% over the past one year. While a 52-week high of $37.40 was reached on 01/26/24, a 52-week low of $2.31 was recorded on 12/23/24. SMA at 50 days reached $3.65, while 200 days put it at $13.21.
Levels Of Support And Resistance For ICCT Stock
The 24-hour chart illustrates a support level at 2.41, which if violated will result in even more drops to 2.32. On the upside, there is a resistance level at 2.59. A further resistance level may holdings at 2.68. The Relative Strength Index (RSI) on the 14-day chart is 37.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.53%. Stochastics %K at 6.68% indicates the stock is a buying.
How much short interest is there in iCoreConnect Inc?
A steep rise in short interest was recorded in iCoreConnect Inc stocks on 2024-10-31, growing by 75689.0 shares to a total of 0.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 34770.0 shares. There was a rise of 68.52%, which implies that there is a positive sentiment for the stock.
