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BranchOut Food Inc [BOF] Investment Guide: What You Need to Know

BranchOut Food Inc’s filing revealed that its Director Jones Byron Riche acquired Company’s shares for reported $1921.0 on Aug 26 ’24. In the deal valued at $0.65 per share,2,955 shares were bought. As a result of this transaction, Jones Byron Riche now holds 148,789 shares worth roughly $0.27 million.

Then, Jones Byron Riche bought 41,755 shares, generating $41,337 in total proceeds. Upon buying the shares at $0.99, the Director now owns 145,834 shares.

Price Performance Review of BOF

On Friday, BranchOut Food Inc [NASDAQ:BOF] saw its stock fall -0.56% to $1.79. Over the last five days, the stock has gained 2.87%. BranchOut Food Inc shares have risen nearly 3.47% since the year began. Nevertheless, the stocks have risen 49.79% over the past one year. While a 52-week high of $4.11 was reached on 01/08/25, a 52-week low of $0.61 was recorded on 01/10/25. SMA at 50 days reached $1.7770, while 200 days put it at $1.5503.

Levels Of Support And Resistance For BOF Stock

The 24-hour chart illustrates a support level at 1.7567, which if violated will result in even more drops to 1.7233. On the upside, there is a resistance level at 1.8267. A further resistance level may holdings at 1.8633. The Relative Strength Index (RSI) on the 14-day chart is 51.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0100, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.73%. Stochastics %K at 49.09% indicates the stock is a holding.

How much short interest is there in BranchOut Food Inc?

A steep rise in short interest was recorded in BranchOut Food Inc stocks on 2024-10-31, growing by 0.15 million shares to a total of 0.31 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.15 million shares. There was a rise of 50.07%, which implies that there is a positive sentiment for the stock.

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