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BSLK (Bolt Projects Holdings Inc) may reap gains as insiders became active recently

Bolt Projects Holdings Inc’s filing revealed that its 10% Owner Golden Arrow Sponsor, LLC unloaded Company’s shares for reported $0.14 million on Dec 30 ’24. In the deal valued at $0.51 per share,278,856 shares were sold. As a result of this transaction, Golden Arrow Sponsor, LLC now holds 9,162,702 shares worth roughly $4.21 million.

Then, Golden Arrow Sponsor, LLC sold 221,144 shares, generating $111,567 in total proceeds. Upon selling the shares at $0.50, the 10% Owner now owns 9,441,558 shares.

Price Performance Review of BSLK

On Friday, Bolt Projects Holdings Inc [NASDAQ:BSLK] saw its stock jump 6.65% to $0.46. Over the last five days, the stock has gained 25.37%. Bolt Projects Holdings Inc shares have fallen nearly -4.56% since the year began. Nevertheless, the stocks have fallen -95.45% over the past one year. While a 52-week high of $17.02 was reached on 01/02/25, a 52-week low of $0.23 was recorded on 01/02/25. SMA at 50 days reached $0.4017, while 200 days put it at $5.9111.

Levels Of Support And Resistance For BSLK Stock

The 24-hour chart illustrates a support level at 0.4260, which if violated will result in even more drops to 0.3920. On the upside, there is a resistance level at 0.4820. A further resistance level may holdings at 0.5040. The Relative Strength Index (RSI) on the 14-day chart is 52.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0576, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.20%. Stochastics %K at 54.07% indicates the stock is a holding.

How much short interest is there in Bolt Projects Holdings Inc?

A steep rise in short interest was recorded in Bolt Projects Holdings Inc stocks on 2024-12-13, growing by 5710.0 shares to a total of 0.29 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.29 million shares. There was a rise of 1.94%, which implies that there is a positive sentiment for the stock.

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