Future Outlook And Stock Price Performance For Trump Media & Technology Group Corp. (NASDAQ: DJT)

In today’s recent session, 0.99 million shares of the Trump Media & Technology Group Corp. (NASDAQ:DJT) have been traded, and its beta is 5.92. Most recently the company’s share price was $22.90, and it changed around $0.09 or 0.39% from the last close, which brings the market valuation of the company to $4.46B. DJT at last check was trading at a discount to its 52-week high of $79.38, offering almost -246.64% off that amount. The share price’s 52-week low was $13.11, which indicates that the recent value has risen by an impressive 42.75% since then. We note from Trump Media & Technology Group Corp.’s average daily trading volume that its 10-day average is 5.87 million shares, with the 3-month average coming to 7.53 million.

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

Instantly DJT has been showing a green trend so far today with a performance of 0.39% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 25.08 on recent trading dayincreased the stock’s daily price by 8.69%. The company’s shares are currently up 30.86% year-to-date, but still up 2.97% over the last five days. On the other hand, Trump Media & Technology Group Corp. (NASDAQ:DJT) is -27.19% down in the 30-day period. We can see from the shorts that 8.28 million shares have been sold at a short interest cover period of 0.88 day(s).

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DJT Dividends

Trump Media & Technology Group Corp.’s next quarterly earnings report is expected to be released in September.

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

Upon looking at major shareholders, it appears that insiders hold 70.40% of Trump Media & Technology Group Corp. shares, and 6.57% of them are in the hands of institutional investors. The stock currently has a share float of 22.20%.

Fidelity Extended Market Index Fund and iShares Russell Midcap Growth ETF were the top two Mutual Funds as of Jun 30, 2024. The former held 281.45 shares worth $6.4 million, making up 0.14% of all outstanding shares. On the other hand, iShares Russell Midcap Growth ETF held roughly 195.97 shares worth around $4.46 million, which represents about 0.10% of the total shares outstanding.