Banzai International, Inc. (NASDAQ:BNZI) Short Interest Update

Banzai International, Inc. (NASDAQ:BNZI) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 148,400 shares, a drop of 23.1% from the February 28th total of 193,100 shares. Currently, 2.5% of the company’s stock are sold short. Based on an average daily volume of 2,050,000 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Banzai International

An institutional investor recently bought a new position in Banzai International stock. Two Sigma Securities LLC bought a new position in shares of Banzai International, Inc. (NASDAQ:BNZI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,730 shares of the company’s stock, valued at approximately $42,000. Two Sigma Securities LLC owned approximately 0.47% of Banzai International at the end of the most recent quarter. 96.82% of the stock is owned by institutional investors and hedge funds.

Banzai International Stock Performance

Shares of BNZI opened at $1.14 on Monday. Banzai International has a 12 month low of $0.73 and a 12 month high of $30.55. The stock’s 50-day moving average is $1.40 and its two-hundred day moving average is $2.14.

Banzai International Company Profile

Banzai International, Inc, a marketing technology company, provides data-driven marketing and sales solutions for various businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its products include Demio, a browser-based webinar platform with data and marketing features designed to help businesses engage with their audience through live events and on-demand, interactive video content; Boost, a software-as-a-service (SaaS) solution for social sharing by event registrants; and Reach, a SaaS and managed service to increase registration and attendance of marketing events.