Algorhythm Holdings Inc’s recently made public that its Former 10% Owner Stingray Group Inc. unloaded Company’s shares for reported $1428.0 on Feb 18 ’25. In the deal valued at $0.26 per share,5,494 shares were sold. As a result of this transaction, Stingray Group Inc. now holds 2,722 shares worth roughly $6478.36.
Then, AULT MILTON C III sold 365,100 shares, generating $267,253 in total proceeds. Upon selling the shares at $0.73, the Former 10% Owner now owns 945,000 shares.
Before that, AULT MILTON C III sold 46,900 shares. Algorhythm Holdings Inc shares valued at $22,174 were divested by the Former 10% Owner at a price of $0.47 per share. As a result of the transaction, AULT MILTON C III now holds 1,310,000 shares, worth roughly $3.12 million.
Price Performance Review of RIME
On Friday, Algorhythm Holdings Inc [NASDAQ:RIME] saw its stock fall -5.93% to $2.38. Over the last five days, the stock has lost -11.52%. Algorhythm Holdings Inc shares have fallen nearly -86.48% since the year began. Nevertheless, the stocks have fallen -99.16% over the past one year. While a 52-week high of $394.00 was reached on 01/07/25, a 52-week low of $1.71 was recorded on 03/04/25. SMA at 50 days reached $2.42, while 200 days put it at $41.62.
Levels Of Support And Resistance For RIME Stock
The 24-hour chart illustrates a support level at 2.15, which if violated will result in even more drops to 1.93. On the upside, there is a resistance level at 2.57. A further resistance level may holdings at 2.77. The Relative Strength Index (RSI) on the 14-day chart is 42.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.08%. Stochastics %K at 35.50% indicates the stock is a holding.
How much short interest is there in Algorhythm Holdings Inc?
A steep rise in short interest was recorded in Algorhythm Holdings Inc stocks on 2025-04-30, growing by 3302.0 shares to a total of 0.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 0.13 million shares. There was a rise of 2.39%, which implies that there is a positive sentiment for the stock.
