CBL& Associates Properties, Inc’s recent filing unveils that its Exec VP-Accounting Cobb Andrew Franklin unloaded Company’s shares for reported $0.2 million on Jan 10 ’25. In the deal valued at $28.84 per share,6,800 shares were sold. As a result of this transaction, Cobb Andrew Franklin now holds 37,247 shares worth roughly $1.05 million.
Then, Andrew Franklin Cobb bought 6,800 shares, generating $200,464 in total proceeds.
Before that, Curry Jeffery V. sold 50 shares. CBL& Associates Properties, Inc shares valued at $1,493 were divested by the Chief Legal Officer & Sec. at a price of $29.86 per share. As a result of the transaction, Curry Jeffery V. now holds 90,280 shares, worth roughly $2.54 million.
Price Performance Review of CBL
On Friday, CBL& Associates Properties, Inc [NYSE:CBL] saw its stock fall -1.61% to $28.14. Over the last five days, the stock has lost -2.93%. CBL& Associates Properties, Inc shares have fallen nearly -4.32% since the year began. Nevertheless, the stocks have risen 13.88% over the past one year. While a 52-week high of $32.20 was reached on 01/03/25, a 52-week low of $20.97 was recorded on 01/17/25. SMA at 50 days reached $29.59, while 200 days put it at $25.54.
Levels Of Support And Resistance For CBL Stock
The 24-hour chart illustrates a support level at 27.91, which if violated will result in even more drops to 27.67. On the upside, there is a resistance level at 28.57. A further resistance level may holdings at 28.99. The Relative Strength Index (RSI) on the 14-day chart is 34.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.50%. Stochastics %K at 11.66% indicates the stock is a buying.
How much short interest is there in CBL& Associates Properties, Inc?
A steep rise in short interest was recorded in CBL& Associates Properties, Inc stocks on 2024-12-31, growing by 55447.0 shares to a total of 1.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.26 million shares. There was a rise of 4.2%, which implies that there is a positive sentiment for the stock.
