Brand Engagement Network, Inc. (NASDAQ:BNAI) Short Interest Down 35.3% in March

Brand Engagement Network, Inc. (NASDAQ:BNAI) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 119,500 shares, a decline of 35.3% from the February 28th total of 184,800 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 4,740,000 shares, the days-to-cover ratio is currently 0.0 days.

Brand Engagement Network Stock Down 3.4 %

Shares of NASDAQ BNAI traded down $0.01 during midday trading on Friday, reaching $0.37. The company’s stock had a trading volume of 175,633 shares, compared to its average volume of 2,204,775. The business’s 50 day moving average price is $0.45 and its two-hundred day moving average price is $0.73. Brand Engagement Network has a fifty-two week low of $0.30 and a fifty-two week high of $8.43.

Hedge Funds Weigh In On Brand Engagement Network

An institutional investor recently bought a new position in Brand Engagement Network stock. Corps Capital Advisors LLC acquired a new position in shares of Brand Engagement Network, Inc. (NASDAQ:BNAI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 172,579 shares of the company’s stock, valued at approximately $168,000. Corps Capital Advisors LLC owned 0.45% of Brand Engagement Network as of its most recent SEC filing. Institutional investors and hedge funds own 15.80% of the company’s stock.

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.