The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Modular Medical Inc shares valued at $999,997 were purchased by MANCHESTER MANAGEMENT CO LLC on Mar 20 ’25. At $1.92 per share, MANCHESTER MANAGEMENT CO LLC acquired 520,832 shares. The insider’s holdings grew to 3,805,575 shares worth approximately $3.08 million following the completion of this transaction.
Also, MANCHESTER MANAGEMENT CO LLC purchased 156,250 shares, netting a total of over 300,000 in proceeds. Following the buying of shares at $1.92 each, the insider now holds 422,000 shares.
Before that, MANCHESTER MANAGEMENT CO LLC had added 21,000 shares to its account. In a trade valued at $35,236, the Director by Deputization bought Modular Medical Inc shares for $1.68 each. Upon closing the transaction, the insider’s holdings increased to 21,000 shares, worth approximately $0.22 million.
Analyzing MODD Stock Performance
On last trading session,, Modular Medical Inc [NASDAQ: MODD] rose 2.68% to $0.81. The stock’s lowest price that day was $0.7836, but it reached a high of $0.8549 in the same session. During the last five days, there has been a drop of approximately -6.67%. Over the course of the year, Modular Medical Inc shares have dropped approximately -41.17%. Shares of the company reached a 52-week high of $1.4889 on 01/03/25 and a 52-week low of $0.6800 on 03/03/25.
Support And Resistance Levels for Modular Medical Inc (MODD)
According to the 24-hour chart, there is a support level at 0.7748, which, if violated, would cause prices to drop to 0.7435. In the upper region, resistance lies at 0.8461. The next price resistance is at 0.8861. RSI (Relative Strength Index) is 43.56 on the 14-day chart, showing neutral technical sentiment.
Is Modular Medical Inc subject to short interest?
Stocks of Modular Medical Inc saw a sharp steep in short interest on 2025-05-30 dropping by 36173.0 shares to 0.13 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.17 million shares. A decline of -26.99% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.56 of the overall float, the days-to-cover ratio (short ratio) decline to 1.56.
