Trump Media & Technology Group Corp. (NASDAQ:DJTWW) Sees Significant Decline in Short Interest

Trump Media & Technology Group Corp. (NASDAQ:DJTWW) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,737 shares, a decline of 40.0% from the May 14th total of 2,897 shares. Based on an average trading volume of 26,963 shares, the short-interest ratio is currently 0.1 days.

Trump Media & Technology Group Trading Down 2.2%

DJTWW traded down $0.08 during trading on Tuesday, hitting $3.62. The company’s stock had a trading volume of 23,427 shares, compared to its average volume of 30,803. The firm’s 50 day moving average price is $4.38 and its 200-day moving average price is $5.48. Trump Media & Technology Group has a twelve month low of $3.51 and a twelve month high of $12.35.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group (NASDAQ: DJTWW) is a media and technology company focused on developing digital platforms and content services. The company’s primary offering is Truth Social, a subscription-based social networking service that aims to provide an alternative to mainstream social media outlets. In addition to its flagship platform, Trump Media & Technology Group has discussed plans to expand into audio streaming, video-on-demand and other digital content offerings under the TMTG+ brand.

Founded in October 2021 by former U.S.