Rush Street Interactive Inc’s recently made public that its Officer SCHWARTZ RICHARD TODD acquired Company’s shares for reported $0.87 million on Mar 11 ’25. In the deal valued at $10.25 per share,84,412 shares were bought.
Then, SCHWARTZ RICHARD TODD sold 109,567 shares, generating $1,079,586 in total proceeds. Upon selling the shares at $9.85, the Chief Executive Officer now owns 2,082,376 shares.
Before that, SCHWARTZ RICHARD TODD sold 84,338 shares. Rush Street Interactive Inc shares valued at $865,173 were divested by the Chief Executive Officer at a price of $10.26 per share. As a result of the transaction, SCHWARTZ RICHARD TODD now holds 1,998,038 shares, worth roughly $21.38 million.
Susquehanna upgraded its Rush Street Interactive Inc [RSI] rating to a Positive from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid May has reiterated a ‘”a Buy”‘ rating for it. Craig Hallum also remained covering RSI and has increased its forecast on April 19, 2024 with a “Buy” recommendation from previously “Hold” rating. JMP Securities revised its rating on March 08, 2024. It rated RSI as “a Mkt perform” which previously was an “a Mkt outperform”.
Price Performance Review of RSI
On Friday, Rush Street Interactive Inc [NYSE:RSI] saw its stock jump 10.54% to $10.70. Over the last five days, the stock has gained 1.71%. Rush Street Interactive Inc shares have fallen nearly -22.01% since the year began. Nevertheless, the stocks have risen 81.36% over the past one year. While a 52-week high of $16.78 was reached on 02/18/25, a 52-week low of $5.70 was recorded on 03/10/25. SMA at 50 days reached $13.64, while 200 days put it at $11.37.
Levels Of Support And Resistance For RSI Stock
The 24-hour chart illustrates a support level at 10.14, which if violated will result in even more drops to 9.59. On the upside, there is a resistance level at 11.03. A further resistance level may holdings at 11.37. The Relative Strength Index (RSI) on the 14-day chart is 39.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.35%. Stochastics %K at 15.93% indicates the stock is a buying.
How much short interest is there in Rush Street Interactive Inc?
A steep rise in short interest was recorded in Rush Street Interactive Inc stocks on 2025-02-28, growing by 2.37 million shares to a total of 9.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 6.72 million shares. There was a rise of 26.04%, which implies that there is a positive sentiment for the stock.
