Rithm Property Trust Inc’s filing revealed that its 10% Owner Rithm Capital Corp. acquired Company’s shares for reported $10.0 million on Mar 04 ’25. In the deal valued at $25.00 per share,400,000 shares were bought. As a result of this transaction, Rithm Capital Corp. now holds 400,000 shares worth roughly $1.2 million.
Then, FLEXPOINT SPECIAL ASSETS FUND, bought 502,305 shares, generating $1,818,344 in total proceeds.
Janney initiated its Rithm Property Trust Inc [RPT] rating to a Buy in a research note published on December 31, 2024; the price target was $4. JMP Securities also remained covering RPT and has decreased its forecast on January 12, 2024 with a “Mkt perform” recommendation from previously “Mkt outperform” rating. Compass Point revised its rating on May 18, 2022. It rated RPT as “a Buy” which previously was an “a Neutral”.
Price Performance Review of RPT
On Tuesday, Rithm Property Trust Inc [NYSE:RPT] saw its stock jump 5.63% to $3.00. Over the last five days, the stock has gained 10.70%. Rithm Property Trust Inc shares have risen nearly 1.01% since the year began. Nevertheless, the stocks have fallen -12.79% over the past one year. While a 52-week high of $3.86 was reached on 03/03/25, a 52-week low of $2.29 was recorded on 04/07/25. SMA at 50 days reached $2.91, while 200 days put it at $3.12.
Levels Of Support And Resistance For RPT Stock
The 24-hour chart illustrates a support level at 2.87, which if violated will result in even more drops to 2.73. On the upside, there is a resistance level at 3.08. A further resistance level may holdings at 3.15. The Relative Strength Index (RSI) on the 14-day chart is 62.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.74%. Stochastics %K at 95.65% indicates the stock is a selling.
How much short interest is there in Rithm Property Trust Inc?
A steep rise in short interest was recorded in Rithm Property Trust Inc stocks on 2025-04-15, growing by 46555.0 shares to a total of 0.11 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 67320.0 shares. There was a rise of 40.88%, which implies that there is a positive sentiment for the stock.
