In a filing, Rush Street Interactive Inc revealed its Chief Financial Officer Sauers Kyle unloaded Company’s shares for reported $0.3 million on Mar 18 ’25. In the deal valued at $10.70 per share,28,381 shares were sold. As a result of this transaction, Sauers Kyle now holds 470,323 shares worth roughly $5.33 million.
Then, Sauers Kyle bought 28,381 shares, generating $303,677 in total proceeds.
Before that, SCHWARTZ RICHARD TODD bought 84,412 shares. Rush Street Interactive Inc shares valued at $865,232 were divested by the Officer at a price of $10.25 per share.
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 Monday, Rush Street Interactive Inc [NYSE:RSI] saw its stock jump 3.47% to $11.34. Over the last five days, the stock has gained 4.71%. Rush Street Interactive Inc shares have fallen nearly -17.35% since the year began. Nevertheless, the stocks have risen 85.29% over the past one year. While a 52-week high of $16.78 was reached on 02/18/25, a 52-week low of $5.71 was recorded on 03/10/25. SMA at 50 days reached $13.25, while 200 days put it at $11.44.
Levels Of Support And Resistance For RSI Stock
The 24-hour chart illustrates a support level at 11.21, which if violated will result in even more drops to 11.08. On the upside, there is a resistance level at 11.47. A further resistance level may holdings at 11.60. The Relative Strength Index (RSI) on the 14-day chart is 46.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 24.71%. Stochastics %K at 62.83% indicates the stock is a holding.
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.
