How Will Trump Media & Technology Group Corp. (NASDAQ: DJT)’s Current Price Volatility Affect Its Future Potential?

In the last trading session, 26.82 million Trump Media & Technology Group Corp. (NASDAQ:DJT) shares changed hands as the company’s beta touched 5.86. With the company’s per share price at $29.58 changed hands at -$0.32 or -1.07% during last session, the market valuation stood at $5.92B. DJT’s last price was a discount, traded about -168.36% off its 52-week high of $79.38. The share price had its 52-week low at $11.75, which suggests the last value was 60.28% up since then. When we look at Trump Media & Technology Group Corp.’s average trading volume, we note the 10-day average is 47.27 million shares, with the 3-month average coming to 14.43 million.

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

Instantly DJT was in red as seen at the end of in last trading. With action 17.01%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 69.03%, with the 5-day performance at 17.01% in the green. However, in the 30-day time frame, Trump Media & Technology Group Corp. (NASDAQ:DJT) is 101.22% up. Looking at the short shares, we see there were 11.44 million shares sold at short interest cover period of 0.84 days.

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DJT Dividends

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

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

If we look at who the major shareholders are, we find that insiders hold 61.39% of Trump Media & Technology Group Corp. shares while 6.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 16.89%. There are 6.52% institutions holding the Trump Media & Technology Group Corp. stock share, with GREENWICH WEALTH MANAGEMENT LLC the top institutional holder. As of 2024-06-30, the company held 0.212% of the shares, roughly 0.35 million DJT shares worth $11.58 million.

ATW SPAC MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 0.1233% or 0.21 million shares worth $6.73 million as of 2024-06-30.