MSP Recovery Inc’s recently made public that its Former 10% Owner Palantir Technologies Inc. unloaded Company’s shares for reported $65717.0 on Nov 06 ’24. In the deal valued at $0.13 per share,506,296 shares were sold. As a result of this transaction, Palantir Technologies Inc. now holds 2,985,381 shares worth roughly $8.45 million.
Then, Palantir Technologies Inc. sold 340,300 shares, generating $37,331 in total proceeds. Upon selling the shares at $0.11, the Former 10% Owner now owns 3,491,677 shares.
Before that, Palantir Technologies Inc. sold 111,760 shares. MSP Recovery Inc shares valued at $11,299 were divested by the Former 10% Owner at a price of $0.10 per share. As a result of the transaction, Palantir Technologies Inc. now holds 3,831,977 shares, worth roughly $10.84 million.
Price Performance Review of MSPR
On Monday, MSP Recovery Inc [NASDAQ:MSPR] saw its stock jump 13.20% to $2.83. Over the last five days, the stock has gained 95.17%. MSP Recovery Inc shares have risen nearly 24.67% since the year began. Nevertheless, the stocks have fallen -90.41% over the past one year. While a 52-week high of $34.00 was reached on 04/11/25, a 52-week low of $1.10 was recorded on 04/01/25. SMA at 50 days reached $1.94, while 200 days put it at $3.98.
Levels Of Support And Resistance For MSPR Stock
The 24-hour chart illustrates a support level at 2.33, which if violated will result in even more drops to 1.84. On the upside, there is a resistance level at 3.10. A further resistance level may holdings at 3.38. The Relative Strength Index (RSI) on the 14-day chart is 71.51, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.81%. Stochastics %K at 54.70% indicates the stock is a holding.
How much short interest is there in MSP Recovery Inc?
A steep rise in short interest was recorded in MSP Recovery Inc stocks on 2025-03-31, dropping by 33527.0 shares to a total of 97438.0 shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 0.13 million shares. There was a decline of -34.41%, which implies that there is a negative sentiment for the stock.
