Banzai International, Inc. (NASDAQ:BNZI) Short Interest Down 79.2% in February

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

Banzai International Stock Down 11.2 %

Shares of BNZI stock traded down $0.16 during midday trading on Thursday, reaching $1.27. 1,292,629 shares of the company were exchanged, compared to its average volume of 2,800,466. The company’s 50 day moving average price is $1.59 and its two-hundred day moving average price is $2.78. Banzai International has a 12 month low of $1.20 and a 12 month high of $47.50.

Hedge Funds Weigh In On Banzai International

An institutional investor recently bought a new position in Banzai International stock. Two Sigma Securities LLC acquired a new position in Banzai International, Inc. (NASDAQ:BNZI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 Securities and Exchange Commission (SEC). 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.