Banzai International, Inc. (NASDAQ:BNZI – Get Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 333,600 shares, an increase of 84.7% from the November 30th total of 180,600 shares. Currently, 10.0% of the company’s stock are short sold. Based on an average trading volume of 3,280,000 shares, the days-to-cover ratio is presently 0.1 days.
Banzai International Trading Down 3.4 %
Shares of NASDAQ:BNZI traded down $0.06 during midday trading on Friday, reaching $1.73. 389,434 shares of the company’s stock traded hands, compared to its average volume of 1,146,025. Banzai International has a one year low of $1.30 and a one year high of $177.50. The stock has a 50 day moving average of $1.89 and a 200 day moving average of $4.60.
Insider Buying and Selling
In related news, major shareholder Cp Bf Lending, Llc sold 635,549 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $4.14, for a total transaction of $2,631,172.86. Following the sale, the insider now directly owns 4 shares of the company’s stock, valued at approximately $16.56. This represents a 100.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 57.74% of the stock is owned by company insiders.
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.
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