KD Logo

The Attractiveness of Investing In Mill City Ventures III Ltd (MCVT) is Growing

Mill City Ventures III Ltd’s recently made public that its Director ZIPKIN LAURENCE S acquired Company’s shares for reported $7152.0 on Dec 09 ’24. In the deal valued at $1.99 per share,3,600 shares were bought. As a result of this transaction, ZIPKIN LAURENCE S now holds 160,661 shares worth roughly $0.45 million.

Then, ZIPKIN LAURENCE S bought 300 shares, generating $585 in total proceeds. Upon buying the shares at $1.95, the Director now owns 157,061 shares.

Before that, POLINSKY DOUGLAS MICHAEL bought 3,500 shares. Mill City Ventures III Ltd shares valued at $6,825 were divested by the Chief Executive Officer at a price of $1.95 per share. As a result of the transaction, POLINSKY DOUGLAS MICHAEL now holds 270,997 shares, worth roughly $0.76 million.

Price Performance Review of MCVT

On Friday, Mill City Ventures III Ltd [NASDAQ:MCVT] saw its stock jump 12.00% to $2.80. Over the last five days, the stock has lost -13.31%. Mill City Ventures III Ltd shares have risen nearly 43.43% since the year began. Nevertheless, the stocks have fallen -12.77% over the past one year. While a 52-week high of $3.88 was reached on 01/10/25, a 52-week low of $1.75 was recorded on 01/08/25. SMA at 50 days reached $2.11, while 200 days put it at $2.47.

Levels Of Support And Resistance For MCVT Stock

The 24-hour chart illustrates a support level at 2.50, which if violated will result in even more drops to 2.19. On the upside, there is a resistance level at 2.96. A further resistance level may holdings at 3.11. The Relative Strength Index (RSI) on the 14-day chart is 60.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.38%. Stochastics %K at 48.02% indicates the stock is a holding.

How much short interest is there in Mill City Ventures III Ltd?

A steep rise in short interest was recorded in Mill City Ventures III Ltd stocks on 2024-10-31, dropping by 2667.0 shares to a total of 6341.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 9008.0 shares. There was a decline of -42.06%, which implies that there is a negative sentiment for the stock.

Most Popular