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

Trump Media & Technology Group Corp. (NASDAQ:DJTWW) saw a significant 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 days-to-cover ratio is currently 0.1 days.

Trump Media & Technology Group Trading Up 1.8%

Shares of NASDAQ:DJTWW traded up $0.07 during trading hours on Monday, reaching $3.71. The stock had a trading volume of 28,726 shares, compared to its average volume of 30,868. Trump Media & Technology Group has a 1 year low of $3.51 and a 1 year high of $12.43. The firm’s 50 day moving average is $4.41 and its 200-day moving average is $5.49.

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.