Cyabra, Inc. (NASDAQ:CYAB) Shares Shorted: Short Interest Up 2,457.2% in September

Cyabra, Inc. (NASDAQ:CYAB) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,550,919 shares, an increase of 2,457.2% from the September 15th total of 60,649 shares. Currently, 10.7% of the shares of the stock are sold short. Based on an average trading volume of 16,501,504 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Several research analysts recently issued reports on CYAB shares. ThinkEquity started coverage on shares of Cyabra in a research report on Monday, September 21st. They issued a “buy” rating for the company. Maxim Group initiated coverage on Cyabra in a research note on Thursday, July 23rd. They set a “buy” rating and a $1.00 price objective on the stock. Zacks Research upgraded Cyabra to a “hold” rating in a research report on Friday, July 24th. Finally, Weiss Ratings upgraded shares of Cyabra from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, September 1st. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Cyabra currently has a consensus rating of “Hold” and a consensus price target of $1.00.

Cyabra Stock Up 7.3%

Shares of CYAB traded up $0.01 on Friday, reaching $0.18. The stock had a trading volume of 1,563,822 shares, compared to its average volume of 4,098,157. The firm has a market capitalization of $3.26 million, a price-to-earnings ratio of -0.06 and a beta of 0.61. The company’s 50-day moving average price is $0.31. Cyabra has a 12-month low of $0.17 and a 12-month high of $6.20.

Cyabra (NASDAQ:CYAB) last released its earnings results on Thursday, August 13th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.01). As a group, sell-side analysts predict that Cyabra will post -0.43 earnings per share for the current fiscal year.

About Cyabra

Cyabra Ltd. is an Israeli technology company that develops artificial intelligence-powered social media intelligence and analytics solutions. Its platform is designed to help organizations identify inauthentic online activity, including bots, fake accounts, coordinated campaigns and other forms of manipulated engagement across digital platforms.

The company’s products analyze online conversations, audiences and narratives to help customers assess the authenticity and influence of information circulating on social media.