Cyabra, Inc. (NASDAQ:CYAB) Sees Significant Drop in Short Interest

Cyabra, Inc. (NASDAQ:CYAB) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 280,497 shares, a drop of 81.9% from the September 30th total of 1,550,919 shares. Based on an average daily trading volume, of 2,408,586 shares, the short-interest ratio is presently 0.1 days. Approximately 1.8% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

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

Cyabra Trading Up 4.1%

NASDAQ CYAB traded up $0.01 during trading hours on Tuesday, reaching $0.14. The company’s stock had a trading volume of 1,188,720 shares, compared to its average volume of 3,851,782. The business has a 50-day simple moving average of $0.26 and a 200 day simple moving average of $0.57. Cyabra has a 52 week low of $0.13 and a 52 week high of $6.20. The stock has a market cap of $2.43 million, a PE ratio of -0.04 and a beta of 0.61.

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

Cyabra Company Profile

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.