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

Trump Media & Technology Group Corp. (NASDAQ:DJTWW) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 6,278 shares, a growth of 66.5% from the July 30th total of 3,770 shares. Based on an average trading volume of 33,542 shares, the short-interest ratio is currently 0.2 days.

Trump Media & Technology Group Trading Up 0.4%

Shares of NASDAQ DJTWW traded up $0.02 during midday trading on Tuesday, reaching $4.80. 17,359 shares of the stock were exchanged, compared to its average volume of 29,452. Trump Media & Technology Group has a 12 month low of $2.56 and a 12 month high of $11.45. The business has a 50-day simple moving average of $3.65 and a two-hundred day simple moving average of $4.35.

About Trump Media & Technology Group

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.