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Understanding the Risks of Investing in Usio Inc (USIO)

Usio Inc’s recently made public that its Chairman, President and CEO HOCH LOUIS A acquired Company’s shares for reported $300.0 on Aug 23 ’24. In the deal valued at $1.50 per share,200 shares were bought. As a result of this transaction, HOCH LOUIS A now holds 3,195,317 shares worth roughly $5.75 million.

Then, HOCH LOUIS A bought 300 shares, generating $450 in total proceeds. Upon buying the shares at $1.50, the Chairman, President and CEO now owns 3,195,117 shares.

Before that, HOCH LOUIS A bought 500 shares. Usio Inc shares valued at $745 were divested by the Chairman, President and CEO at a price of $1.49 per share. As a result of the transaction, HOCH LOUIS A now holds 3,194,817 shares, worth roughly $5.75 million.

Price Performance Review of USIO

On Monday, Usio Inc [NASDAQ:USIO] saw its stock jump 11.80% to $1.80. Over the last five days, the stock has gained 24.14%. Usio Inc shares have risen nearly 23.29% since the year began. Nevertheless, the stocks have risen 1.69% over the past one year. While a 52-week high of $2.00 was reached on 01/06/25, a 52-week low of $1.24 was recorded on 01/02/25. SMA at 50 days reached $1.4380, while 200 days put it at $1.4932.

Levels Of Support And Resistance For USIO Stock

The 24-hour chart illustrates a support level at 1.7100, which if violated will result in even more drops to 1.6201. On the upside, there is a resistance level at 1.9299. A further resistance level may holdings at 2.0599. The Relative Strength Index (RSI) on the 14-day chart is 76.99, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1937, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.28%. Stochastics %K at 88.46% indicates the stock is a selling.

How much short interest is there in Usio Inc?

A steep rise in short interest was recorded in Usio Inc stocks on 2024-12-13, growing by 21668.0 shares to a total of 36342.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 14674.0 shares. There was a rise of 59.62%, which implies that there is a positive sentiment for the stock.

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