Is Trump Media & Technology Group Corp (NASDAQ: DJT) a Risk-Worthy Bet for Bold Investors?

In the latest trading session, 1.57 million Trump Media & Technology Group Corp (NASDAQ:DJT) shares changed hands as the company’s beta touched 5.21. With the company’s most recent per share price at $30.76 changed hands at -$1.1 or -3.45% at last look, the market valuation stands at $6.67B. DJT’s current price is a discount, trading about -158.06% 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 61.8% up since then. When we look at Trump Media & Technology Group Corp’s average trading volume, we note the 10-day average is 13.48 million shares, with the 3-month average coming to 25.29 million.

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

Instantly DJT was in red as seen in intraday trades today. With action 4.15%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -9.79%, with the 5-day performance at 4.15% in the green. However, in the 30-day time frame, Trump Media & Technology Group Corp (NASDAQ:DJT) is -9.79% down. Looking at the short shares, we see there were 11.45 million shares sold at short interest cover period of 1.04 days.

DJT Dividends

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

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

If we look at who the major shareholders are, we find that insiders hold 53.58% of Trump Media & Technology Group Corp shares while 7.06% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 15.21%. There are 7.06% institutions holding the Trump Media & Technology Group Corp stock share, with AUSTIN PRIVATE WEALTH, LLC the top institutional holder. As of 2024-06-30, the company held 7.1974% of the shares, roughly 12.0 million DJT shares worth $39.0.

SUSQUEHANNA INTERNATIONAL GROUP, LLP holds the second largest percentage of outstanding shares, with 2.1796% or 3.63 million shares worth $119.01 million as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Extended Market Index Fund and Vanguard Total Stock Market Index Fund. With 1.02 shares estimated at $31.45 million under it, the former controlled 0.47% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 0.40% of the shares, roughly 868.4 shares worth around $26.66 million.