Short Interest in Trump Media & Technology Group Corp. (NASDAQ:DJTWW) Declines By 35.6%

Trump Media & Technology Group Corp. (NASDAQ:DJTWW) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 35,200 shares, a drop of 35.6% from the October 15th total of 54,700 shares. Based on an average trading volume of 762,400 shares, the days-to-cover ratio is presently 0.0 days.

Trump Media & Technology Group Stock Performance

Shares of DJTWW traded up $0.68 during mid-day trading on Friday, reaching $20.49. 183,600 shares of the company’s stock were exchanged, compared to its average volume of 435,571. The business’s fifty day simple moving average is $17.95 and its 200-day simple moving average is $19.63. Trump Media & Technology Group has a 52-week low of $4.89 and a 52-week high of $44.83.

About Trump Media & Technology Group

Trump Media & Technology Group Corp. develops a social media platform known as Truth Social that offers social networking services in the United States. The company was founded in 2021 and is based in Sarasota, Florida.