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

Banzai International, Inc. (NASDAQ:BNZI) was the target of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 224,900 shares, a decrease of 79.2% from the January 31st total of 1,080,000 shares. Based on an average daily volume of 2,680,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 4.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Banzai International

An institutional investor recently bought a new position in Banzai International stock. Two Sigma Securities LLC bought a new position in shares of Banzai International, Inc. (NASDAQ:BNZI) during the fourth quarter, according to its most recent 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 approximately 0.47% of Banzai International at the end of the most recent quarter. 96.82% of the stock is currently owned by institutional investors and hedge funds.

Banzai International Stock Up 11.4 %

Shares of Banzai International stock traded up $0.15 during trading on Friday, hitting $1.42. 677,634 shares of the stock traded hands, compared to its average volume of 1,564,587. Banzai International has a twelve month low of $1.20 and a twelve month high of $47.50. The company has a fifty day moving average price of $1.58 and a two-hundred day moving average price of $2.77.

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.