Now Is The Time To Build A Position In Damon Inc (NASDAQ:DMN)

In the last trading session, 279.07 million Damon Inc (NASDAQ:DMN) shares changed hands as the company’s beta touched 0. With the company’s per share price at $0.01 changed hands at -$0.01 or -7.95% during last session, the market valuation stood at $0.44M. When we look at Damon Inc’s average trading volume, we note the 10-day average is 415.99 million shares, with the 3-month average coming to 72.92 million.

Damon Inc (NASDAQ:DMN) trade information

Instantly DMN was in red as seen at the end of in last trading. With action -59.48%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -98.36%, with the 5-day performance at -59.48% in the red. However, in the 30-day time frame, Damon Inc (NASDAQ:DMN) is -92.40% down. Looking at the short shares, we see there were 3.81 million shares sold at short interest cover period of 0.33 days.

DMN Dividends

Damon Inc is expected to release its next quarterly earnings report in May.

Damon Inc (NASDAQ:DMN)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 37.67% of Damon Inc shares while 0.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.31%.

With 11.61 shares estimated at $161.0 under it, the former controlled 0.04% of total outstanding shares.