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

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

Trump Media & Technology Group Price Performance

Shares of DJTWW stock traded down $0.10 during trading hours on Tuesday, hitting $3.39. The stock had a trading volume of 13,821 shares, compared to its average volume of 29,519. Trump Media & Technology Group has a twelve month low of $2.56 and a twelve month high of $11.45. The stock’s 50 day moving average is $3.52 and its 200 day moving average is $4.47.

About Trump Media & Technology Group

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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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