Brand Engagement Network, Inc. (NASDAQ:BNAI) Short Interest Down 86.9% in February

Brand Engagement Network, Inc. (NASDAQ:BNAI) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 184,800 shares, a decline of 86.9% from the February 13th total of 1,410,000 shares. Based on an average daily volume of 4,930,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.7% of the company’s shares are short sold.

Brand Engagement Network Stock Up 2.3 %

Shares of Brand Engagement Network stock opened at $0.40 on Thursday. The business’s 50 day simple moving average is $0.55 and its two-hundred day simple moving average is $0.80. Brand Engagement Network has a one year low of $0.30 and a one year high of $19.75.

Hedge Funds Weigh In On Brand Engagement Network

An institutional investor recently bought a new position in Brand Engagement Network stock. Corps Capital Advisors LLC purchased a new position in Brand Engagement Network, Inc. (NASDAQ:BNAI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 172,579 shares of the company’s stock, valued at approximately $168,000. Corps Capital Advisors LLC owned 0.45% of Brand Engagement Network at the end of the most recent reporting period. 15.80% of the stock is owned by institutional investors.

Brand Engagement Network Company Profile

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.