Banzai International, Inc. (NASDAQ:BNZI) Short Interest Update

Banzai International, Inc. (NASDAQ:BNZI) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 224,900 shares, a decline of 79.2% from the January 31st total of 1,080,000 shares. Based on an average daily volume of 2,680,000 shares, the short-interest ratio is presently 0.1 days. Approximately 4.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Banzai International

A hedge fund recently bought a new stake in Banzai International stock. Two Sigma Securities LLC purchased a new stake in Banzai International, Inc. (NASDAQ:BNZI) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 27,730 shares of the company’s stock, valued at approximately $42,000. Two Sigma Securities LLC owned about 0.47% of Banzai International as of its most recent filing with the SEC. Institutional investors and hedge funds own 96.82% of the company’s stock.

Banzai International Stock Performance

BNZI stock opened at $1.44 on Friday. Banzai International has a 1-year low of $1.20 and a 1-year high of $47.50. The business has a 50 day simple moving average of $1.58 and a two-hundred day simple moving average of $2.74.

Banzai International Company Profile

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.