Nxu Inc’s recently made public 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 $0.11 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 $0.18 million.
Price Performance Review of NXU
On Friday, Nxu Inc [NASDAQ:NXU] saw its stock fall -0.78% to $0.25. Over the last five days, the stock has gained 3.27%. Nxu Inc shares have fallen nearly -76.13% since the year began. Nevertheless, the stocks have fallen -68.65% 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 $0.4241, while 200 days put it at $0.3651.
Levels Of Support And Resistance For NXU Stock
The 24-hour chart illustrates a support level at 0.2390, which if violated will result in even more drops to 0.2250. On the upside, there is a resistance level at 0.2680. A further resistance level may holdings at 0.2830. The Relative Strength Index (RSI) on the 14-day chart is 42.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0015, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.82%. Stochastics %K at 33.36% 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 2025-02-28, dropping by -2.12 million shares to a total of 0.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.4 million shares. There was a decline of -746.27%, which implies that there is a negative sentiment for the stock.
