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. Patriot National Bancorp Inc shares valued at $649,492 were purchased by Carrazza Michael A. on May 13 ’25. At $0.75 per share, Carrazza Michael A. acquired 865,990 shares. The insider’s holdings grew to 865,990 shares worth approximately $1.13 million following the completion of this transaction.
Also, Sugarman Steven purchased 7,019,978 shares, netting a total of over 5,264,984 in proceeds. Following the buying of shares at $0.75 each, the insider now holds 7,019,978 shares.
Analyzing PNBK Stock Performance
On last trading session,, Patriot National Bancorp Inc [NASDAQ: PNBK] rose 7.44% to $1.3. The stock’s lowest price that day was $1.16, but it reached a high of $1.3 in the same session. During the last five days, there has been a surge of approximately 44.01%. Over the course of the year, Patriot National Bancorp Inc shares have dropped approximately -28.57%. Shares of the company reached a 52-week high of $7.4700 on 05/13/25 and a 52-week low of $0.9000 on 06/18/25.
Support And Resistance Levels for Patriot National Bancorp Inc (PNBK)
According to the 24-hour chart, there is a support level at 1.2067, which, if violated, would cause prices to drop to 1.1133. In the upper region, resistance lies at 1.3467. The next price resistance is at 1.3933. RSI (Relative Strength Index) is 38.39 on the 14-day chart, showing neutral technical sentiment.
Is Patriot National Bancorp Inc subject to short interest?
Stocks of Patriot National Bancorp Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.71 million shares to 0.82 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 0.11 million shares. A jump of 87.11% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 1.46 of the overall float, the days-to-cover ratio (short ratio) jumped to 1.46.
