Banzai International, Inc. (NASDAQ:BNZI) Short Interest Up 84.7% in December

by · The Cerbat Gem

Banzai International, Inc. (NASDAQ:BNZI – Get Free Report) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 333,600 shares, an increase of 84.7% from the November 30th total of 180,600 shares. Approximately 10.0% of the shares of the company are sold short. Based on an average daily trading volume, of 3,280,000 shares, the short-interest ratio is presently 0.1 days.

Banzai International Price Performance

Shares of NASDAQ:BNZI traded down $0.06 during trading on Friday, hitting $1.73. The company’s stock had a trading volume of 389,434 shares, compared to its average volume of 1,146,025. The company has a 50-day moving average of $1.89 and a 200-day moving average of $4.60. Banzai International has a 12 month low of $1.30 and a 12 month high of $177.50.

Insider Buying and Selling at Banzai International

In other Banzai International news, major shareholder Cp Bf Lending, Llc sold 635,549 shares of the firm’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $4.14, for a total value of $2,631,172.86. Following the transaction, the insider now directly owns 4 shares of the company’s stock, valued at approximately $16.56. This trade represents a 100.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 57.74% of the company’s stock.

Banzai International Company Profile

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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.

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