ZenaTech, Inc. (NASDAQ:ZENA) Short Interest Update

ZenaTech, Inc. (NASDAQ:ZENA) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,143,180 shares, an increase of 41.5% from the December 31st total of 807,981 shares. Based on an average trading volume of 1,313,265 shares, the short-interest ratio is currently 0.9 days. Currently, 5.1% of the shares of the stock are sold short. Currently, 5.1% of the shares of the stock are sold short. Based on an average trading volume of 1,313,265 shares, the short-interest ratio is currently 0.9 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of ZenaTech in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $9.00.

Institutional Investors Weigh In On ZenaTech

A number of institutional investors have recently made changes to their positions in ZENA. Wealth Effects LLC increased its holdings in ZenaTech by 108.7% in the fourth quarter. Wealth Effects LLC now owns 48,000 shares of the company’s stock valued at $154,000 after purchasing an additional 25,000 shares during the last quarter. Focus Financial Network Inc. acquired a new position in shares of ZenaTech during the 4th quarter worth about $33,000. Advisory Services Network LLC bought a new stake in shares of ZenaTech in the 3rd quarter valued at about $65,000. Delos Wealth Advisors LLC bought a new stake in shares of ZenaTech in the 3rd quarter valued at about $26,000. Finally, Virtu Financial LLC acquired a new stake in shares of ZenaTech in the 3rd quarter valued at approximately $135,000.

ZenaTech Price Performance

Shares of NASDAQ:ZENA opened at $3.25 on Tuesday. The stock has a market cap of $73.13 million, a price-to-earnings ratio of -8.33 and a beta of 14.17. The company has a 50 day moving average of $3.61 and a 200-day moving average of $4.45. ZenaTech has a one year low of $1.82 and a one year high of $7.11.

ZenaTech (NASDAQ:ZENA) last announced its quarterly earnings data on Tuesday, November 11th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.14). The business had revenue of $3.16 million for the quarter, compared to analysts’ expectations of $3.09 million.

ZenaTech Company Profile

ZenaTech, Inc, an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.