Short Interest in Banzai International, Inc. (NASDAQ:BNZI) Drops By 14.1%

Banzai International, Inc. (NASDAQ:BNZI) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 193,100 shares, a decrease of 14.1% from the February 13th total of 224,900 shares. Approximately 3.5% of the company’s stock are sold short. Based on an average trading volume of 2,750,000 shares, the short-interest ratio is currently 0.1 days.

Banzai International Price Performance

Shares of Banzai International stock opened at $1.19 on Thursday. The stock has a 50-day moving average price of $1.44 and a 200 day moving average price of $2.31. Banzai International has a 1 year low of $0.73 and a 1 year high of $37.50.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Banzai International stock. Two Sigma Securities LLC bought a new position in Banzai International, Inc. (NASDAQ:BNZI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 27,730 shares of the company’s stock, valued at approximately $42,000. Two Sigma Securities LLC owned about 0.47% of Banzai International at the end of the most recent reporting period. Hedge funds and other institutional investors own 96.82% of the company’s stock.

About Banzai International

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.