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

Trump Media & Technology Group Corp. (NASDAQ:DJTWWGet Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 4,676 shares, a growth of 1,279.4% from the June 15th total of 339 shares. Based on an average daily volume of 21,897 shares, the days-to-cover ratio is currently 0.2 days.

Trump Media & Technology Group Stock Performance

NASDAQ DJTWW traded up $0.10 during mid-day trading on Friday, reaching $3.40. 16,962 shares of the stock were exchanged, compared to its average volume of 30,027. The business’s 50 day moving average is $3.86 and its 200-day moving average is $5.22. Trump Media & Technology Group has a 1 year low of $2.95 and a 1 year high of $11.89.

About Trump Media & Technology Group

(Get Free Report)

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.

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