ThredUp Inc’s recently made public that its Shareholder Trinity X Side-By-Side Fund, L acquired Company’s shares for reported $14303.0 on Feb 03 ’25. In the deal valued at $2.19 per share,6,531 shares were bought.
Then, Trinity X Entrepreneurs’ Fund, bought 11,700 shares, generating $25,623 in total proceeds.
Before that, TRINITY VENTURES X LP bought 1,181,768 shares. ThredUp Inc shares valued at $2,588,072 were divested by the Shareholder at a price of $2.19 per share.
Telsey Advisory Group reiterated its ThredUp Inc [TDUP] rating to an Outperform in a research note published on January 15, 2025; the price target was $3. Telsey Advisory Group also remained covering TDUP and reiterated its “an Outperform” recommendation on May 07, 2024. Piper Sandler revised its rating on July 22, 2022. It rated TDUP as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of TDUP
On Monday, ThredUp Inc [NASDAQ:TDUP] saw its stock jump 7.76% to $2.36. Over the last five days, the stock has gained 12.38%. ThredUp Inc shares have risen nearly 69.78% since the year began. Nevertheless, the stocks have risen 15.97% over the past one year. While a 52-week high of $2.45 was reached on 01/17/25, a 52-week low of $0.50 was recorded on 01/13/25. SMA at 50 days reached $1.69, while 200 days put it at $1.42.
Levels Of Support And Resistance For TDUP Stock
The 24-hour chart illustrates a support level at 2.13, which if violated will result in even more drops to 1.91. On the upside, there is a resistance level at 2.50. A further resistance level may holdings at 2.64. The Relative Strength Index (RSI) on the 14-day chart is 69.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.25%. Stochastics %K at 82.81% indicates the stock is a selling.
How much short interest is there in ThredUp Inc?
A steep rise in short interest was recorded in ThredUp Inc stocks on 2025-01-15, growing by 0.99 million shares to a total of 4.96 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.97 million shares. There was a rise of 19.96%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 21, 2022 when KeyBanc Capital Markets began covering the stock and recommended ‘”a Sector weight”‘ rating .
