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

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CYAB. Weiss Ratings upgraded shares of Cyabra from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, September 1st. Zacks Research raised Cyabra to a “hold” rating in a report on Friday, July 24th. ThinkEquity began coverage on Cyabra in a report on Monday, September 21st. They issued a “buy” rating on the stock. 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 target price for the company. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $1.00.

Cyabra Trading Down 4.6%

Shares of NASDAQ CYAB traded down $0.01 during mid-day trading on Thursday, reaching $0.13. 458,032 shares of the company’s stock were exchanged, compared to its average volume of 3,809,302. The firm has a market capitalization of $2.20 million, a price-to-earnings ratio of -0.04 and a beta of 0.61. Cyabra has a twelve month low of $0.12 and a twelve month high of $6.20. The business has a fifty day simple moving average of $0.25 and a 200 day simple moving average of $0.56.

Cyabra (NASDAQ:CYAB) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.01). Equities research analysts predict that Cyabra will post -0.43 earnings per share for the current fiscal year.

About Cyabra

Cyabra Inc is an Israeli technology company that provides social media intelligence and online narrative analysis. Its platform uses artificial intelligence and machine learning to examine public online conversations, identify coordinated activity and assess the authenticity of digital audiences and engagement.

The company’s services are designed to help businesses, government organizations and other institutions detect inauthentic behavior, disinformation, bot networks and emerging narratives across social media and other digital channels.