Brand Engagement Network, Inc. (NASDAQ:BNAIW) Sees Significant Increase in Short Interest

Brand Engagement Network, Inc. (NASDAQ:BNAIW) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,386 shares, an increase of 110.0% from the November 30th total of 1,612 shares. Based on an average daily volume of 42,908 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 42,908 shares, the short-interest ratio is presently 0.1 days.

Brand Engagement Network Stock Performance

Brand Engagement Network stock traded down $0.01 during trading on Friday, reaching $0.02. 86,299 shares of the company were exchanged, compared to its average volume of 73,924. The stock’s 50 day simple moving average is $0.06 and its two-hundred day simple moving average is $0.04. Brand Engagement Network has a 52-week low of $0.01 and a 52-week high of $0.23.

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. It serves the automotive, healthcare, and other industries through direct sales force and channel partners. Brand Engagement Network, Inc was formerly known as Blockchain Exchange Network Inc and changed its name to Brand Engagement Network, Inc in April 2023.