Trump Media & Technology Group Corp. (NASDAQ:DJTWW – Get Free Report) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 6,278 shares, an increase of 66.5% from the July 30th total of 3,770 shares. Based on an average daily volume of 33,542 shares, the days-to-cover ratio is currently 0.2 days.
Trump Media & Technology Group Stock Performance
Shares of NASDAQ:DJTWW opened at $4.80 on Wednesday. The business has a fifty day moving average of $3.67 and a 200-day moving average of $4.34. Trump Media & Technology Group has a twelve month low of $2.56 and a twelve month high of $11.45.
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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