Trump Media & Technology Group Corp’s filing revealed that its General Counsel and Secretary Glabe Scott unloaded Company’s shares for reported $0.51 million on Nov 08 ’24. In the deal valued at $32.19 per share,15,917 shares were sold. As a result of this transaction, Glabe Scott now holds 336,576 shares worth roughly $11.85 million.
Then, Juhan Phillip sold 320,000 shares, generating $9,808,000 in total proceeds. Upon selling the shares at $30.65, the CFO and Treasurer now owns 329,798 shares.
Before that, Juhan Phillip sold 64,000 shares. Trump Media & Technology Group Corp shares valued at $2,110,080 were divested by the CFO and Treasurer at a price of $32.97 per share. As a result of the transaction, Juhan Phillip now holds 265,798 shares, worth roughly $9.36 million.
Price Performance Review of DJT
On Tuesday, Trump Media & Technology Group Corp [NASDAQ:DJT] saw its stock fall -2.63% to $35.22. Over the last five days, the stock has gained 3.22%. Trump Media & Technology Group Corp shares have risen nearly 3.28% since the year began. Nevertheless, the stocks have risen 104.41% over the past one year. While a 52-week high of $79.38 was reached on 01/07/25, a 52-week low of $11.75 was recorded on 01/02/25. SMA at 50 days reached $34.31, while 200 days put it at $33.23.
Levels Of Support And Resistance For DJT Stock
The 24-hour chart illustrates a support level at 34.35, which if violated will result in even more drops to 33.49. On the upside, there is a resistance level at 36.53. A further resistance level may holdings at 37.85. The Relative Strength Index (RSI) on the 14-day chart is 52.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.36%. Stochastics %K at 42.55% indicates the stock is a holding.
How much short interest is there in Trump Media & Technology Group Corp?
A steep rise in short interest was recorded in Trump Media & Technology Group Corp stocks on 2024-12-13, dropping by -8.31 million shares to a total of 9.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 17.55 million shares. There was a decline of -89.87%, which implies that there is a negative sentiment for the stock.
