Brand Engagement Network, Inc. (NASDAQ:BNAI – Get Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 307,100 shares, an increase of 285.3% from the August 15th total of 79,700 shares. Based on an average daily volume of 273,100 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.4% of the shares of the stock are sold short.
Wall Street Analyst Weigh In
Separately, Maxim Group began coverage on shares of Brand Engagement Network in a report on Thursday, July 25th. They issued a “buy” rating and a $6.00 target price for the company.
Read Our Latest Stock Report on Brand Engagement Network
Institutional Trading of Brand Engagement Network
Brand Engagement Network Stock Up 4.1 %
BNAI traded up $0.04 during trading on Friday, reaching $1.02. The company had a trading volume of 48,916 shares, compared to its average volume of 1,424,716. The business’s 50 day moving average is $2.03. Brand Engagement Network has a 52 week low of $0.80 and a 52 week high of $19.75.
Brand Engagement Network (NASDAQ:BNAI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.19) earnings per share (EPS) for the quarter.
About Brand Engagement Network
Brand Engagement Network, Inc provides conversational AI assistants. The company offers security-focused, multimodal communication, and human-like assistants. Its AI assistants are built on proprietary natural language processing, anomaly detection, multisensory awareness, sentiment, and environmental analysis, as well as real-time individuation and personalization capabilities.
Read More
- Five stocks we like better than Brand Engagement Network
- Retail Stocks Investing, Explained
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
- What Are the U.K. Market Holidays? How to Invest and Trade
- Kroger Stock is a Win-Win for Buy-and-Hold Investors
- About the Markup Calculator
- MarketBeat Week in Review – 9/9 – 9/13
Receive News & Ratings for Brand Engagement Network Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brand Engagement Network and related companies with MarketBeat.com's FREE daily email newsletter.