Direct Digital Holdings Inc’s filing revealed that its President SMITH W KEITH unloaded Company’s shares for reported $16039.0 on Mar 26 ’25. In the deal valued at $0.78 per share,20,563 shares were sold. As a result of this transaction, SMITH W KEITH now holds 12,186 shares worth roughly $7799.04.
Then, SMITH W KEITH sold 12,186 shares, generating $9,505 in total proceeds. Upon selling the shares at $0.78, the President now owns 0 shares.
Before that, SMITH W KEITH sold 7,700 shares. Direct Digital Holdings Inc shares valued at $5,852 were divested by the President at a price of $0.76 per share. As a result of the transaction, SMITH W KEITH now holds 32,749 shares, worth roughly $20959.36.
Noble Capital Markets downgraded its Direct Digital Holdings Inc [DRCT] rating to a Market perform from a an Outperform in a research note published recently.
Price Performance Review of DRCT
On Monday, Direct Digital Holdings Inc [NASDAQ:DRCT] saw its stock fall -12.30% to $0.64. Over the last five days, the stock has lost -15.18%. Direct Digital Holdings Inc shares have fallen nearly -59.75% since the year began. Nevertheless, the stocks have fallen -96.01% over the past one year. While a 52-week high of $14.86 was reached on 01/10/25, a 52-week low of $0.51 was recorded on 03/31/25. SMA at 50 days reached $1.0309, while 200 days put it at $2.2821.
Levels Of Support And Resistance For DRCT Stock
The 24-hour chart illustrates a support level at 0.5467, which if violated will result in even more drops to 0.4535. On the upside, there is a resistance level at 0.7166. A further resistance level may holdings at 0.7933. The Relative Strength Index (RSI) on the 14-day chart is 40.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0876, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.18%. Stochastics %K at 35.21% indicates the stock is a holding.
How much short interest is there in Direct Digital Holdings Inc?
A steep rise in short interest was recorded in Direct Digital Holdings Inc stocks on 2025-03-14, dropping by 17908.0 shares to a total of 0.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.33 million shares. There was a decline of -5.66%, which implies that there is a negative sentiment for the stock.
