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

Cyabra, Inc. (NASDAQ:CYAB) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 60,649 shares, a decline of 97.2% from the August 31st total of 2,200,060 shares. Based on an average trading volume of 806,787 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.4% of the shares of the stock are short sold.

Cyabra Stock Performance

CYAB traded down $0.02 during trading on Friday, reaching $0.22. 676,120 shares of the stock traded hands, compared to its average volume of 17,178,674. The stock has a market cap of $3.82 million, a PE ratio of -0.06 and a beta of 0.43. The firm’s 50-day moving average price is $0.32. Cyabra has a fifty-two week low of $0.22 and a fifty-two week high of $6.20.

Cyabra (NASDAQ:CYAB) last posted its earnings results on Thursday, August 13th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.01). On average, equities research analysts expect that Cyabra will post -0.43 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Cyabra from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, September 1st. Maxim Group assumed coverage on shares of Cyabra in a research note on Thursday, July 23rd. They set a “buy” rating and a $1.00 target price for the company. Zacks Research upgraded shares of Cyabra to a “hold” rating in a research report on Friday, July 24th. Finally, ThinkEquity started coverage on Cyabra in a research report on Monday, September 21st. They set a “buy” rating for the company. Two investment 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $1.00.

Cyabra Company Profile

Cyabra Inc is an artificial intelligence company that provides social media intelligence and analysis tools. Its platform is designed to identify inauthentic activity, including fake accounts, coordinated networks, and disinformation campaigns, while helping organizations understand how narratives and public conversations develop online.

The company’s products analyze content and account behavior across social media and other digital channels to help businesses, governments, and public-sector organizations monitor emerging issues, assess the reach and authenticity of online discussions, and respond to potential reputational or information-security risks.