Zeta Network Group (NASDAQ:ZNB) Short Interest Update

Zeta Network Group (NASDAQ:ZNBGet Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 205,100 shares, a growth of 109.6% from the June 30th total of 97,855 shares. Based on an average daily volume of 3,109,979 shares, the days-to-cover ratio is presently 0.1 days. Currently, 22.2% of the shares of the stock are sold short.

Zeta Network Group Stock Performance

Shares of ZNB stock opened at $2.69 on Tuesday. Zeta Network Group has a 1 year low of $1.83 and a 1 year high of $19,900.00. The stock’s 50 day simple moving average is $7.36 and its two-hundred day simple moving average is $130.51.

Zeta Network Group (NASDAQ:ZNBGet Free Report) last announced its earnings results on Thursday, June 18th. The company reported ($681.24) EPS for the quarter. The firm had revenue of $8.45 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Zeta Network Group in a research note on Tuesday, July 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

View Our Latest Research Report on Zeta Network Group

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Zeta Network Group stock. Anson Funds Management LP acquired a new stake in shares of Zeta Network Group (NASDAQ:ZNBFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 595,397 shares of the company’s stock, valued at approximately $345,000. Anson Funds Management LP owned about 0.39% of Zeta Network Group as of its most recent SEC filing. Institutional investors own 3.44% of the company’s stock.

About Zeta Network Group

(Get Free Report)

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.

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