CION Invt Corp’s filing revealed that its Co-Chairman & Co-CEO Reisner Michael A acquired Company’s shares for reported $4999.0 on Nov 21 ’24. In the deal valued at $11.44 per share,437 shares were bought. As a result of this transaction, Reisner Michael A now holds 44,997 shares worth roughly $ 0.55 million.
Then, ROMAN STEPHEN bought 435 shares, generating $5,016 in total proceeds. Upon buying the shares at $11.53, the CCO & Secretary now owns 11,020 shares.
Before that, Breakstone Robert A bought 1,000 shares. CION Invt Corp shares valued at $11,340 were divested by the Director at a price of $11.34 per share. As a result of the transaction, Breakstone Robert A now holds 13,238 shares, worth roughly $0.16 million.
Hovde Group initiated its CION Invt Corp [CION] rating to a Market perform in a research note published on June 20, 2023; the price target was $11.50. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid April from “an Overweight” to “an Equal weight”. Wells Fargo also remained covering CION and has increased its forecast on July 25, 2022 with a “an Overweight” recommendation from previously “an Equal weight” rating. Wells Fargo started covering the stock on November 01, 2021. It rated CION as “an Equal weight”.
Price Performance Review of CION
On Friday, CION Invt Corp [NYSE:CION] saw its stock jump 1.67% to $12.18. Over the last five days, the stock has gained 4.73%. CION Invt Corp shares have risen nearly 6.84% since the year began. Nevertheless, the stocks have risen 13.11% over the past one year. While a 52-week high of $12.58 was reached on 02/14/25, a 52-week low of $10.43 was recorded on 01/13/25. SMA at 50 days reached $11.51, while 200 days put it at $11.87.
Levels Of Support And Resistance For CION Stock
The 24-hour chart illustrates a support level at 12.01, which if violated will result in even more drops to 11.85. On the upside, there is a resistance level at 12.27. A further resistance level may holdings at 12.37. The Relative Strength Index (RSI) on the 14-day chart is 71.63, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.31%. Stochastics %K at 97.85% indicates the stock is a selling.
How much short interest is there in CION Invt Corp?
A steep rise in short interest was recorded in CION Invt Corp stocks on 2025-01-31, dropping by 25581.0 shares to a total of 0.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.27 million shares. There was a decline of -10.66%, which implies that there is a negative sentiment for the stock.
