Trump Media & Technology Group Corp. (NASDAQ: DJT) Disappoints Wall Street With -1.31% Stock Price Drop

In the latest trading session, 1.55 million Trump Media & Technology Group Corp. (NASDAQ:DJT) shares changed hands as the company’s beta touched 5.99. With the company’s most recent per share price at $22.76 changed hands at -$0.3 or -1.31% at last look, the market valuation stands at $4.43B. DJT’s current price is a discount, trading about -248.77% off its 52-week high of $79.38. The share price had its 52-week low at $13.11, which suggests the last value was 42.4% up since then. When we look at Trump Media & Technology Group Corp.’s average trading volume, we note the 10-day average is 3.72 million shares, with the 3-month average coming to 7.17 million.

Trump Media & Technology Group Corp. (NASDAQ:DJT) trade information

Instantly DJT was in red as seen in intraday trades today. With action -8.53%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 30.04%, with the 5-day performance at -8.53% in the red. However, in the 30-day time frame, Trump Media & Technology Group Corp. (NASDAQ:DJT) is -34.96% down. Looking at the short shares, we see there were 8.28 million shares sold at short interest cover period of 0.88 days.

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DJT Dividends

Trump Media & Technology Group Corp. is expected to release its next quarterly earnings report in September.

Trump Media & Technology Group Corp. (NASDAQ:DJT)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 70.40% of Trump Media & Technology Group Corp. shares while 6.54% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 22.10%.

Among Mutual Funds, the top two as of Jun 30, 2024 were Fidelity Extended Market Index Fund and iShares Russell Midcap Growth ETF. With 281.45 shares estimated at $6.37 million under it, the former controlled 0.14% of total outstanding shares. On the other hand, iShares Russell Midcap Growth ETF held about 0.10% of the shares, roughly 195.97 shares worth around $4.44 million.