Nxu Inc’s recent filing unveils 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 $ 0.16 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 $0.26 million.
Price Performance Review of NXU
On Friday, Nxu Inc [NASDAQ:NXU] saw its stock jump 0.06% to $0.36. Over the last five days, the stock has gained 14.54%. Nxu Inc shares have fallen nearly -66.49% since the year began. Nevertheless, the stocks have fallen -60.16% 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 $0.4380, while 200 days put it at $0.3850.
Levels Of Support And Resistance For NXU Stock
The 24-hour chart illustrates a support level at 0.3289, which if violated will result in even more drops to 0.3026. On the upside, there is a resistance level at 0.3976. A further resistance level may holdings at 0.4400. The Relative Strength Index (RSI) on the 14-day chart is 46.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0568, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.46%. Stochastics %K at 41.84% indicates the stock is a holding.
How much short interest is there in Nxu Inc?
A steep rise in short interest was recorded in Nxu Inc stocks on 2025-01-31, dropping by -1.33 million shares to a total of 2.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 3.74 million shares. There was a decline of -55.57%, which implies that there is a negative sentiment for the stock.
