Digital Brands Group Inc’s (NASDAQ: DBGI) Stock Prices May Increase Drastically In The Near Future.

In today’s recent session, 5.55 million shares of the Digital Brands Group Inc (NASDAQ:DBGI) have been traded, and its beta is 1.04. Most recently the company’s share price was $0.19, and it changed around -$0.04 or -19.67% from the last close, which brings the market valuation of the company to $0.72M. DBGI at last check was trading at a discount to its 52-week high of $12.80, offering almost -6636.84% off that amount. The share price’s 52-week low was $0.14, which indicates that the recent value has risen by an impressive 26.32% since then. We note from Digital Brands Group Inc’s average daily trading volume that its 10-day average is 32.39 million shares, with the 3-month average coming to 5.37 million.

Digital Brands Group Inc (NASDAQ:DBGI) trade information

Instantly DBGI has been showing red trend so far today with a performance of -19.67% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.6068 on recent trading dayincreased the stock’s daily price by 68.69%. The company’s shares are currently down -94.23% year-to-date, but still down -22.66% over the last five days. On the other hand, Digital Brands Group Inc (NASDAQ:DBGI) is -46.02% down in the 30-day period. We can see from the shorts that 0.68 million shares have been sold at a short interest cover period of 0.11 day(s).

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Digital Brands Group Inc (NASDAQ:DBGI)’s Major holders

Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Aug 31, 2024. The former held 10.62 shares worth $2002.0, making up 0.11% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 3.26 shares worth around $614.0, which represents about 0.03% of the total shares outstanding.