Trump Media & Technology Group Corp. (NASDAQ:DJTWW – Get Free Report) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,737 shares, a decline of 40.0% from the May 14th total of 2,897 shares. Based on an average daily trading volume, of 26,963 shares, the days-to-cover ratio is presently 0.1 days.
Trump Media & Technology Group Price Performance
Shares of DJTWW opened at $3.62 on Wednesday. Trump Media & Technology Group has a 12-month low of $3.51 and a 12-month high of $12.35. The firm has a fifty day moving average price of $4.35 and a 200-day moving average price of $5.47.
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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