Banzai International, Inc. (NASDAQ:BNZI – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totalling 281,400 shares, a decrease of 25.8% from the July 15th total of 379,100 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average trading volume of 4,240,000 shares, the days-to-cover ratio is presently 0.1 days.
Banzai International Price Performance
NASDAQ:BNZI remained flat at $0.11 during trading hours on Friday. 483,557 shares of the company were exchanged, compared to its average volume of 2,426,014. The firm has a 50 day simple moving average of $0.15 and a 200 day simple moving average of $0.46. Banzai International has a 52 week low of $0.09 and a 52 week high of $16.57.
Banzai International (NASDAQ:BNZI – Get Free Report) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.26) EPS for the quarter. The firm had revenue of $1.08 million during the quarter.
Hedge Funds Weigh In On Banzai International
Analysts Set New Price Targets
Separately, Ascendiant Capital Markets boosted their price target on shares of Banzai International from $3.00 to $3.25 and gave the company a “buy” rating in a report on Friday, June 7th.
Check Out Our Latest Analysis on Banzai International
About Banzai International
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.
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