In a filing, Trump Media & Technology Group Corp revealed 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 $13.24 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 $10.46 million.
Price Performance Review of DJT
On Tuesday, Trump Media & Technology Group Corp [NASDAQ:DJT] saw its stock fall -8.30% to $39.35. Over the last five days, the stock has gained 8.79%. Trump Media & Technology Group Corp shares have risen nearly 15.40% since the year began. Nevertheless, the stocks have risen 132.56% over the past one year. While a 52-week high of $79.38 was reached on 01/13/25, a 52-week low of $11.75 was recorded on 01/02/25. SMA at 50 days reached $33.80, while 200 days put it at $32.93.
Levels Of Support And Resistance For DJT Stock
The 24-hour chart illustrates a support level at 37.82, which if violated will result in even more drops to 36.29. On the upside, there is a resistance level at 41.26. A further resistance level may holdings at 43.18. The Relative Strength Index (RSI) on the 14-day chart is 58.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.15, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 39.68%. Stochastics %K at 70.93% 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 2024-12-31, dropping by -3.61 million shares to a total of 9.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 12.69 million shares. There was a decline of -39.82%, which implies that there is a negative sentiment for the stock.