Zeta Network Group (NASDAQ:ZNB) Short Interest Update

Zeta Network Group (NASDAQ:ZNB) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 97,855 shares, a decline of 67.7% from the June 15th total of 302,967 shares. Currently, 10.6% of the shares of the company are sold short. Based on an average daily volume of 644,677 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Zeta Network Group in a research note on Friday, April 24th. Wall Street Zen downgraded Zeta Network Group from a “hold” rating to a “sell” rating in a research report on Sunday, March 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Zeta Network Group Price Performance

Shares of Zeta Network Group stock opened at $0.45 on Monday. The business has a fifty day simple moving average of $1.21 and a two-hundred day simple moving average of $21.21. Zeta Network Group has a 1 year low of $0.42 and a 1 year high of $2,625.00.

Zeta Network Group (NASDAQ:ZNB) last released its quarterly earnings data on Thursday, June 18th. The company reported ($85.16) EPS for the quarter. The business had revenue of $8.45 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Zeta Network Group stock. OMERS ADMINISTRATION Corp acquired a new position in shares of Zeta Network Group (NASDAQ:ZNB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 118,285 shares of the company’s stock, valued at approximately $68,000. OMERS ADMINISTRATION Corp owned 0.08% of Zeta Network Group as of its most recent SEC filing. 3.44% of the stock is owned by institutional investors.

About Zeta Network Group

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services.