CION Invt Corp’s filing revealed that its Co-Chairman & Co-CEO Reisner Michael A acquired Company’s shares for reported $5120.0 on Mar 28 ’25. In the deal valued at $10.45 per share,490 shares were bought. As a result of this transaction, Reisner Michael A now holds 45,487 shares worth roughly $0.47 million.
Then, Breakstone Robert A bought 500 shares, generating $5,375 in total proceeds. Upon buying the shares at $10.75, the Director now owns 14,700 shares.
Before that, BRESNER GREGG A. bought 2,000 shares. CION Invt Corp shares valued at $21,440 were divested by the President & CIO at a price of $10.72 per share. As a result of the transaction, BRESNER GREGG A. now holds 61,599 shares, worth roughly $0.64 million.
Wells Fargo downgraded its CION Invt Corp [CION] rating to an Underweight from a an Equal weight in a research note published on March 17, 2025; the price target was decreased to $10 from $11. A number of analysts have revised their coverage, including Hovde Group’s analysts, who began to cover the stock in mid June with a ‘”a Market perform”‘ rating. Wells Fargo also remained covering CION and has decreased its forecast on April 18, 2023 with a “an Equal weight” recommendation from previously “an Overweight” rating. Wells Fargo revised its rating on July 25, 2022. It rated CION as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of CION
On monday, CION Invt Corp [NYSE:CION] saw its stock fall -0.96% to $10.35. Over the last five days, the stock has lost -4.34%. CION Invt Corp shares have fallen nearly -9.21% since the year began. Nevertheless, the stocks have fallen -5.87% over the past one year. While a 52-week high of $12.71 was reached on 03/03/25, a 52-week low of $10.32 was recorded on 03/31/25. SMA at 50 days reached $11.67, while 200 days put it at $11.81.
Levels Of Support And Resistance For CION Stock
The 24-hour chart illustrates a support level at 10.17, which if violated will result in even more drops to 9.99. On the upside, there is a resistance level at 10.50. A further resistance level may holdings at 10.65. The Relative Strength Index (RSI) on the 14-day chart is 25.36, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.78%. Stochastics %K at 8.33% indicates the stock is a buying.
How much short interest is there in CION Invt Corp?
A steep rise in short interest was recorded in CION Invt Corp stocks on 2025-03-14, growing by 84963.0 shares to a total of 0.35 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.26 million shares. There was a rise of 24.32%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 01, 2021 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $12.50 price target.
