Onconetix Inc (NASDAQ: ONCO)’s Stock Is Up 18.18%, A Prediction For What Could Come Next

During the recent session, Onconetix Inc (NASDAQ:ONCO)’s traded shares were 32.8 million, with the beta value of the company hitting 3.43. The 52-week high for the ONCO share is $21.40, that puts it down -19354.55 from that peak though still a striking 18.18% gain since the share price plummeted to a 52-week low of $0.09. The company’s market capitalization is $1.58M, and the average intraday trading volume over the past 10 days was 8.81 million shares, and the average trade volume was 10.71 million shares over the past three months.

Onconetix Inc (NASDAQ:ONCO) trade information

Onconetix Inc (ONCO) registered a 2.36% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.36% in intraday trading to $0.11, hitting a weekly high. The stock’s 5-day price performance is -16.73%, and it has moved by -66.09% in 30 days. Based on these gigs, the overall price performance for the year is -98.33%. The short interest in Onconetix Inc (NASDAQ:ONCO) is 0.74 million shares and it means that shorts have 0.32 day(s) to cover.

ONCO Dividends

Onconetix Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Onconetix Inc (NASDAQ:ONCO)’s Major holders

Onconetix Inc insiders own 35.48% of total outstanding shares while institutional holders control 2.80%, with the float percentage being 4.34%.

Also, the Mutual Funds coming in first place with the largest holdings of Onconetix Inc (ONCO) shares are Fidelity Concord Street Trust-Fidelity Extended Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund. Data provided on Dec 31, 2024 indicates that Fidelity Concord Street Trust-Fidelity Extended Market Index Fund owns about 53.6 shares. This amounts to just over 0.37 percent of the company’s overall shares, with a $6093.0 market value. The same data shows that the other fund manager holds slightly less at 1.84, or about 0.01% of the stock, which is worth about $208.0.