Trump Media & Technology Group Corp’s recent filing unveils that its General Counsel and Secretary Glabe Scott unloaded Company’s shares for reported $0.51 million on Nov 08 ’24. In the deal valued at $32.19 per share,15,917 shares were sold. As a result of this transaction, Glabe Scott now holds 336,576 shares worth roughly $10.72 million.
Then, Juhan Phillip sold 320,000 shares, generating $9,808,000 in total proceeds. Upon selling the shares at $30.65, the CFO and Treasurer now owns 329,798 shares.
Before that, Juhan Phillip sold 64,000 shares. Trump Media & Technology Group Corp shares valued at $2,110,080 were divested by the CFO and Treasurer at a price of $32.97 per share. As a result of the transaction, Juhan Phillip now holds 265,798 shares, worth roughly $8.47 million.
Price Performance Review of DJT
On Friday, Trump Media & Technology Group Corp [NASDAQ:DJT] saw its stock jump 0.82% to $31.86. Over the last five days, the stock has lost -2.60%. Trump Media & Technology Group Corp shares have fallen nearly -6.57% since the year began. Nevertheless, the stocks have fallen -15.71% over the past one year. While a 52-week high of $79.38 was reached on 01/17/25, a 52-week low of $11.75 was recorded on 01/27/25. SMA at 50 days reached $34.49, while 200 days put it at $32.50.
Levels Of Support And Resistance For DJT Stock
The 24-hour chart illustrates a support level at 31.35, which if violated will result in even more drops to 30.84. On the upside, there is a resistance level at 32.18. A further resistance level may holdings at 32.50. The Relative Strength Index (RSI) on the 14-day chart is 43.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.06%. Stochastics %K at 18.82% indicates the stock is a buying.
How much short interest is there in Trump Media & Technology Group Corp?
A steep rise in short interest was recorded in Trump Media & Technology Group Corp stocks on 2025-01-15, growing by 2.2 million shares to a total of 11.45 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 9.24 million shares. There was a rise of 19.25%, which implies that there is a positive sentiment for the stock.
