Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Genelux Corp shares valued at $13,067 were sold by Ryder Sean on May 12 ’25. At $2.92 per share, Ryder Sean sold 4,475 shares. The insider’s holdings dropped to 47,621 shares worth approximately $0.14 million following the completion of this transaction.
Also, Zindrick Thomas sold 10,764 shares, netting a total of over 31,431 in proceeds. Following the sale of shares at $2.92 each, the insider now holds 191,447 shares.
Before that, Yu Yong had sold 5,579 shares from its account. In a trade valued at $16,291, the VP, Clinical Trial Operations traded Genelux Corp shares for $2.92 each. Upon closing the transaction, the insider’s holdings decreased to 5,579 shares, worth approximately $0.14 million.
As published in their initiating research note from Guggenheim on October 29, 2024, Genelux Corp [GNLX] has been a Buy and the price target has been revised to $8. Analysts at ROTH MKM started covering the stock with ‘”a Buy”‘ outlook in a report released in late August. As of November 27, 2023, H.C. Wainwright has initiated its “Buy” rating for GNLX. Earlier on September 12, 2023, Maxim Group initiated its rating. Their recommendation was “a Buy” for GNLX stock.
Analyzing GNLX Stock Performance
On last trading session,, Genelux Corp [NASDAQ: GNLX] plunged -3.31% to $2.92. The stock’s lowest price that day was $2.85, but it reached a high of $2.98 in the same session. During the last five days, there has been a surge of approximately 10.19%. Over the course of the year, Genelux Corp shares have jumped approximately 23.73%. Shares of the company reached a 52-week high of $5.89 on 02/12/25 and a 52-week low of $1.99 on 04/09/25.
Support And Resistance Levels for Genelux Corp (GNLX)
According to the 24-hour chart, there is a support level at 2.85, which, if violated, would cause prices to drop to 2.79. In the upper region, resistance lies at 2.98. The next price resistance is at 3.05. RSI (Relative Strength Index) is 56.41 on the 14-day chart, showing neutral technical sentiment.
Is Genelux Corp subject to short interest?
Stocks of Genelux Corp saw a sharp rise in short interest on 2025-05-30 jumping by 0.14 million shares to 2.31 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 2.17 million shares. A jump of 6.19% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 14.54 of the overall float, the days-to-cover ratio (short ratio) jumped to 14.54.
