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

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

Institutional Investors Weigh In On Banzai International

A hedge fund recently bought a new stake in Banzai International stock. Two Sigma Securities LLC bought a new position in shares of Banzai International, Inc. (NASDAQ:BNZI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 27,730 shares of the company’s stock, valued at approximately $42,000. Two Sigma Securities LLC owned about 0.47% of Banzai International at the end of the most recent quarter. 96.82% of the stock is owned by hedge funds and other institutional investors.

Banzai International Price Performance

BNZI opened at $1.11 on Wednesday. The business’s 50-day moving average price is $1.39 and its two-hundred day moving average price is $2.10. Banzai International has a 1 year low of $0.73 and a 1 year high of $27.50.

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.