Trump Media & Technology Group Corp (NASDAQ: DJT) Stock: Will It Keep Climbing Higher?

In today’s recent session, 1.31 million shares of the Trump Media & Technology Group Corp (NASDAQ:DJT) have been traded, and its beta is 5.24. Most recently the company’s share price was $19.22, and it changed around $0.33 or 1.76% from the last close, which brings the market valuation of the company to $4.24B. DJT at last check was trading at a discount to its 52-week high of $56.55, offering almost -194.22% off that amount. The share price’s 52-week low was $11.75, which indicates that the recent value has risen by an impressive 38.87% since then. We note from Trump Media & Technology Group Corp’s average daily trading volume that its 10-day average is 6.83 million shares, with the 3-month average coming to 7.45 million.

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

Instantly DJT has been showing a green trend so far today with a performance of 1.76% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 21.20 on recent trading dayincreased the stock’s daily price by 9.34%. The company’s shares are currently down -43.63% year-to-date, but still up 10.98% over the last five days. On the other hand, Trump Media & Technology Group Corp (NASDAQ:DJT) is -4.89% down in the 30-day period. We can see from the shorts that 10.7 million shares have been sold at a short interest cover period of 2.79 day(s).

DJT Dividends

Trump Media & Technology Group Corp’s next quarterly earnings report is expected to be released in May.

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

Upon looking at major shareholders, it appears that insiders hold 53.18% of Trump Media & Technology Group Corp shares, and 11.65% of them are in the hands of institutional investors. The stock currently has a share float of 24.89%. Trump Media & Technology Group Corp stock is held by 395.0 institutions, with AUSTIN PRIVATE WEALTH, LLC being the largest institutional investor. By 2024-06-30, it held 7.1974% of the shares, which is about 12.0 million shares worth $39.0.

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

VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 3.07 shares worth $59.04 million, making up 1.34% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 2.48 shares worth around $47.78 million, which represents about 1.08% of the total shares outstanding.