Banzai International Inc’s recent filing unveils that its 10% Owner CP BF Lending, LLC unloaded Company’s shares for reported $66048.0 on Oct 24 ’24. In the deal valued at $3.61 per share,18,300 shares were sold. As a result of this transaction, CP BF Lending, LLC now holds 4 shares worth roughly $6.92.
Then, CP BF Lending, LLC sold 635,549 shares, generating $2,631,290 in total proceeds. Upon selling the shares at $4.14, the 10% Owner now owns 4 shares.
Before that, CP BF Lending, LLC sold 37,300 shares. Banzai International Inc shares valued at $127,939 were divested by the 10% Owner at a price of $3.43 per share. As a result of the transaction, CP BF Lending, LLC now holds 4 shares, worth roughly $6.92.
Price Performance Review of BNZI
On Monday, Banzai International Inc [NASDAQ:BNZI] saw its stock jump 8.81% to $1.73. Banzai International Inc shares have risen nearly 13.07% since the year began. Nevertheless, the stocks have fallen -97.92% over the past one year. While a 52-week high of $177.50 was reached on 01/06/25, a 52-week low of $1.29 was recorded on 01/02/25. SMA at 50 days reached $1.8013, while 200 days put it at $8.3837.
Levels Of Support And Resistance For BNZI Stock
The 24-hour chart illustrates a support level at 1.6200, which if violated will result in even more drops to 1.5100. On the upside, there is a resistance level at 1.8000. A further resistance level may holdings at 1.8700. The Relative Strength Index (RSI) on the 14-day chart is 51.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0048, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.53%. Stochastics %K at 55.56% indicates the stock is a holding.
How much short interest is there in Banzai International Inc?
A steep rise in short interest was recorded in Banzai International Inc stocks on 2024-10-31, dropping by 41933.0 shares to a total of 85206.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.13 million shares. There was a decline of -49.21%, which implies that there is a negative sentiment for the stock.
