Stronghold Digital Mining Inc’s recently made public that its Chief Executive Officer Beard Gregory A unloaded Company’s shares for reported $45315.0 on Jan 10 ’25. In the deal valued at $3.71 per share,12,210 shares were sold. As a result of this transaction, Beard Gregory A now holds 462,351 shares worth roughly $1.84 million.
Then, Weber Ryan M sold 2,900 shares, generating $10,747 in total proceeds. Upon selling the shares at $3.71, the Principal Accounting Officer now owns 56,778 shares.
Before that, Shaffer Richard J. sold 1,339 shares. Stronghold Digital Mining Inc shares valued at $4,914 were divested by the Senior Vice President at a price of $3.67 per share. As a result of the transaction, Shaffer Richard J. now holds 22,577 shares, worth roughly $89856.46.
Cowen downgraded its Stronghold Digital Mining Inc [SDIG] rating to a Market perform from a an Outperform in a research note published on August 18, 2022; the price target was decreased to $2.25 from $11.
Price Performance Review of SDIG
On Tuesday, Stronghold Digital Mining Inc [NASDAQ:SDIG] saw its stock fall -1.24% to $3.98. Over the last five days, the stock has gained 9.04%. Stronghold Digital Mining Inc shares have risen nearly 13.71% since the year began. Nevertheless, the stocks have fallen -21.65% over the past one year. While a 52-week high of $6.70 was reached on 01/06/25, a 52-week low of $1.65 was recorded on 01/02/25. SMA at 50 days reached $4.68, while 200 days put it at $4.03.
Levels Of Support And Resistance For SDIG Stock
The 24-hour chart illustrates a support level at 3.89, which if violated will result in even more drops to 3.79. On the upside, there is a resistance level at 4.10. A further resistance level may holdings at 4.21. The Relative Strength Index (RSI) on the 14-day chart is 45.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.87%. Stochastics %K at 56.60% indicates the stock is a holding.
How much short interest is there in Stronghold Digital Mining Inc?
A steep rise in short interest was recorded in Stronghold Digital Mining Inc stocks on 2024-10-31, dropping by 48835.0 shares to a total of 0.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.64 million shares. There was a decline of -8.24%, which implies that there is a negative sentiment for the stock.
