Verb Technology Company, Inc. (NASDAQ:VERB) Short Interest Update

Verb Technology Company, Inc. (NASDAQ:VERB) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 102,700 shares, an increase of 61.5% from the March 15th total of 63,600 shares. Based on an average daily trading volume, of 33,800 shares, the short-interest ratio is presently 3.0 days. Approximately 14.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Verb Technology stock. SBI Securities Co. Ltd. bought a new position in shares of Verb Technology Company, Inc. (NASDAQ:VERB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,538 shares of the company’s stock, valued at approximately $36,000. SBI Securities Co. Ltd. owned 0.56% of Verb Technology at the end of the most recent quarter. 7.24% of the stock is currently owned by institutional investors and hedge funds.

Verb Technology Stock Performance

NASDAQ:VERB opened at $4.41 on Thursday. The firm has a market capitalization of $4.91 million, a PE ratio of -0.14 and a beta of 0.67. Verb Technology has a 1 year low of $3.81 and a 1 year high of $40.30. The company has a current ratio of 4.05, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01. The firm’s fifty day simple moving average is $4.92 and its 200 day simple moving average is $6.95.

Verb Technology (NASDAQ:VERB) last posted its quarterly earnings data on Tuesday, March 25th. The company reported ($2.20) EPS for the quarter, topping analysts’ consensus estimates of ($2.52) by $0.32. Verb Technology had a negative return on equity of 88.37% and a negative net margin of 5,002.98%. The business had revenue of $0.72 million for the quarter, compared to analyst estimates of $0.20 million. On average, sell-side analysts anticipate that Verb Technology will post -17.56 EPS for the current year.

About Verb Technology

Verb Technology Company, Inc, through its subsidiaries, develops Software-as-a-Service applications platform. It offers MARKET.live, a livestream social shopping platform, that allows brands, retailers, and creators to broadcast shopping events on various social media channels, as well as services that range from production of livestream events to host and event consulting, and drop ship and creator programs.