Nxu Inc’s filing revealed that its Director Billingsley Jessica unloaded Company’s shares for reported $0.1 million on Nov 18 ’24. In the deal valued at $0.29 per share,353,871 shares were sold. As a result of this transaction, Billingsley Jessica now holds 443,787 shares worth roughly $0.13 million.
Then, Ide Britt E sold 271,022 shares, generating $70,899 in total proceeds. Upon selling the shares at $0.26, the Director now owns 461,454 shares.
Before that, Ide Britt E sold 68,978 shares. Nxu Inc shares valued at $21,477 were divested by the Director at a price of $0.31 per share. As a result of the transaction, Ide Britt E now holds 732,476 shares, worth roughly $0.22 million.
Price Performance Review of NXU
On Friday, Nxu Inc [NASDAQ:NXU] saw its stock jump 23.91% to $0.30. Over the last five days, the stock has lost -52.05%. Nxu Inc shares have fallen nearly -72.13% since the year began. Nevertheless, the stocks have fallen -71.04% over the past one year. While a 52-week high of $2.25 was reached on 01/06/25, a 52-week low of $0.21 was recorded on 01/31/25. SMA at 50 days reached $0.4230, while 200 days put it at $0.3882.
Levels Of Support And Resistance For NXU Stock
The 24-hour chart illustrates a support level at 0.1643, which if violated will result in even more drops to 0.0333. On the upside, there is a resistance level at 0.4821. A further resistance level may holdings at 0.6689. The Relative Strength Index (RSI) on the 14-day chart is 42.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.2078, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.50%. Stochastics %K at 6.34% indicates the stock is a buying.
How much short interest is there in Nxu Inc?
A steep rise in short interest was recorded in Nxu Inc stocks on 2024-10-31, growing by 1.56 million shares to a total of 1.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.21 million shares. There was a rise of 88.02%, which implies that there is a positive sentiment for the stock.
