Trump Media & Technology Group Corp. (NASDAQ:DJTWW) Sees Large Drop in Short Interest

Trump Media & Technology Group Corp. (NASDAQ:DJTWWGet Free Report) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 3,770 shares, a decrease of 37.2% from the July 15th total of 6,005 shares. Based on an average trading volume of 22,226 shares, the days-to-cover ratio is currently 0.2 days.

Trump Media & Technology Group Price Performance

Shares of NASDAQ DJTWW traded down $0.10 during midday trading on Tuesday, hitting $3.39. 13,821 shares of the company’s stock were exchanged, compared to its average volume of 29,519. The firm’s fifty day simple moving average is $3.52 and its 200-day simple moving average is $4.47. Trump Media & Technology Group has a twelve month low of $2.56 and a twelve month high of $11.45.

Trump Media & Technology Group Company Profile

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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.

Further Reading

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