Trump Media & Technology Group Corp. (NASDAQ:DJTWW – Get Free Report) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 1,737 shares, a drop of 40.0% from the May 14th total of 2,897 shares. Based on an average daily trading volume, of 26,963 shares, the short-interest ratio is currently 0.1 days.
Trump Media & Technology Group Stock Up 1.8%
Trump Media & Technology Group stock traded up $0.07 during midday trading on Monday, reaching $3.71. The company’s stock had a trading volume of 28,726 shares, compared to its average volume of 30,868. Trump Media & Technology Group has a fifty-two week low of $3.51 and a fifty-two week high of $12.43. The business has a 50-day simple moving average of $4.41 and a 200-day simple moving average of $5.49.
About Trump Media & Technology Group
Trump Media & Technology Group (NASDAQ: DJTWW) is a media and technology company focused on developing digital platforms and content services. The company’s primary offering is Truth Social, a subscription-based social networking service that aims to provide an alternative to mainstream social media outlets. In addition to its flagship platform, Trump Media & Technology Group has discussed plans to expand into audio streaming, video-on-demand and other digital content offerings under the TMTG+ brand.
Founded in October 2021 by former U.S.
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