Direct Digital Holdings Inc’s recent filing unveils 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 $6093.0.
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 $16374.5.
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 Tuesday, Direct Digital Holdings Inc [NASDAQ:DRCT] saw its stock fall -14.71% to $0.50. Over the last five days, the stock has lost -20.97%. Direct Digital Holdings Inc shares have fallen nearly -68.24% since the year began. Nevertheless, the stocks have fallen -96.00% over the past one year. While a 52-week high of $12.40 was reached on 01/10/25, a 52-week low of $0.51 was recorded on 04/08/25. SMA at 50 days reached $0.9447, while 200 days put it at $2.1736.
Levels Of Support And Resistance For DRCT Stock
The 24-hour chart illustrates a support level at 0.4438, which if violated will result in even more drops to 0.3826. On the upside, there is a resistance level at 0.5931. A further resistance level may holdings at 0.6812. The Relative Strength Index (RSI) on the 14-day chart is 37.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1542, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.53%. Stochastics %K at 6.49% indicates the stock is a buying.
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.
