Heritage Distilling Holding Co. Inc (NASDAQ:CASK) price closed lower on Tuesday, April 29, and dropping -10.59% below its previous close.
A look at the daily price movement shows that the last close reads $0.58, with intraday deals fluctuated between $0.47 and $0.5956. Taking into account the 52-week price action we note that the stock hit a 52-week high of $4.00 and 52-week low of $0.40. The stock subtracted -9.08% on its value in the past month.
Heritage Distilling Holding Co. Inc, which has a market valuation of $2.61 million, is expected to release its quarterly earnings report in May.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that CASK’s price is at present -6.32% off the SMA20 and -21.67% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 42.40, with weekly volatility standing at 16.47%. The indicator jumps to 15.37% when calculated based on the past 30 days. Heritage Distilling Holding Co. Inc (NASDAQ:CASK)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.09.
An analysis of the Heritage Distilling Holding Co. Inc (NASDAQ:CASK) stock in terms of its daily trading volume indicates that the 3-month average is 211.46K. However, this figure increases on the past 10-day timeline to an average of 0.39 million.
Current records show that the company has 5.42M in outstanding shares. The insiders’ percentage holdings are 18.20% of outstanding shares while the percentage share held by institutions stands at 2.10%. The stats also highlight that short interest as of 2025-04-15, stood at 66433.0 shares, which puts the short ratio at the time at 0.29. From this we can glean that short interest is 124.00 of company’s current outstanding shares. Notably, we see that shares short in April rose slightly given the previous month’s figure stood at 34392.0. But the -69.77% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
