Zenvia Inc. (NASDAQ:ZENV) Short Interest Up 86.4% in October

Zenvia Inc. (NASDAQ:ZENV) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 27,400 shares, an increase of 86.4% from the September 30th total of 14,700 shares. Based on an average daily trading volume, of 26,500 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.3% of the company’s shares are sold short.

Hedge Funds Weigh In On Zenvia

An institutional investor recently bought a new position in Zenvia stock. Virtu Financial LLC bought a new position in Zenvia Inc. (NASDAQ:ZENV) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 15,338 shares of the company’s stock, valued at approximately $41,000. 49.25% of the stock is owned by institutional investors and hedge funds.

Zenvia Stock Up 8.5 %

NASDAQ ZENV opened at $1.41 on Friday. Zenvia has a 52 week low of $0.80 and a 52 week high of $3.88. The firm has a market capitalization of $59.06 million, a price-to-earnings ratio of -4.86 and a beta of 2.05. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.07. The company has a fifty day moving average of $1.56 and a two-hundred day moving average of $2.10.

Zenvia (NASDAQ:ZENV) last issued its quarterly earnings results on Thursday, September 5th. The company reported ($0.06) EPS for the quarter. Zenvia had a negative net margin of 13.11% and a negative return on equity of 13.30%. The firm had revenue of $44.35 million for the quarter, compared to the consensus estimate of $39.40 million. During the same quarter in the previous year, the company posted ($0.07) earnings per share. On average, analysts predict that Zenvia will post -0.28 earnings per share for the current year.

Zenvia Company Profile

Zenvia Inc provides customer experience communications platform which empowers businesses to create unique journeys for their end-customers along their life cycle across range of B2C verticals. Zenvia Inc is based in S?O PAULO.