CION Invt Corp’s recent filing unveils that its President & CIO BRESNER GREGG A. acquired Company’s shares for reported $10480.0 on Apr 01 ’25. In the deal valued at $10.48 per share,1,000 shares were bought. As a result of this transaction, BRESNER GREGG A. now holds 64,599 shares worth roughly $0.61 million.
Then, BRESNER GREGG A. bought 1,000 shares, generating $10,410 in total proceeds. Upon buying the shares at $10.41, the President & CIO now owns 63,599 shares.
Before that, Reisner Michael A bought 490 shares. CION Invt Corp shares valued at $5,120 were divested by the Co-Chairman & Co-CEO at a price of $10.45 per share. As a result of the transaction, Reisner Michael A now holds 45,487 shares, worth roughly $0.43 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 Friday, CION Invt Corp [NYSE:CION] saw its stock fall -7.06% to $9.48. Over the last five days, the stock has lost -9.28%. CION Invt Corp shares have fallen nearly -16.84% since the year began. Nevertheless, the stocks have fallen -13.94% over the past one year. While a 52-week high of $12.71 was reached on 03/03/25, a 52-week low of $10.14 was recorded on 04/04/25. SMA at 50 days reached $11.56, while 200 days put it at $11.77.
Levels Of Support And Resistance For CION Stock
The 24-hour chart illustrates a support level at 9.26, which if violated will result in even more drops to 9.03. On the upside, there is a resistance level at 9.86. A further resistance level may holdings at 10.23. The Relative Strength Index (RSI) on the 14-day chart is 18.93, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.78%. Stochastics %K at 9.93% 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.
