Short Interest in Verb Technology Company, Inc. (NASDAQ:VERB) Drops By 84.0%

Verb Technology Company, Inc. (NASDAQ:VERB) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totalling 1,507,600 shares, a drop of 84.0% from the May 31st total of 9,430,000 shares. Based on an average daily volume of 18,704,400 shares, the days-to-cover ratio is currently 0.1 days.

Verb Technology Stock Performance

Shares of VERB traded up $0.00 during midday trading on Friday, hitting $0.12. 3,114,894 shares of the company traded hands, compared to its average volume of 17,762,469. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 0.01. Verb Technology has a 52 week low of $0.11 and a 52 week high of $3.30. The firm has a 50 day moving average of $0.14 and a 200-day moving average of $0.17.

Verb Technology (NASDAQ:VERB) last announced its quarterly earnings results on Friday, May 10th. The company reported ($0.11) earnings per share for the quarter. Verb Technology had a negative return on equity of 632.48% and a negative net margin of 29,301.47%. The business had revenue of $0.01 million during the quarter.

About Verb Technology

Verb Technology Company, Inc, through its subsidiaries, develops Software-as-a-Service applications platform. It offers MARKET.live, a livestream social shopping platform, that allows brands, retailers, and creators to broadcast shopping events on various social media channels, as well as services that range from production of livestream events to host and event consulting, and drop ship and creator programs.