Short Interest in Zenvia Inc. (NASDAQ:ZENV) Decreases By 40.1%

Zenvia Inc. (NASDAQ:ZENV) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 24,800 shares, a decrease of 40.1% from the June 30th total of 41,400 shares. Based on an average daily volume of 75,900 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

Zenvia Stock Performance

ZENV stock opened at $1.86 on Friday. The stock has a 50-day moving average price of $2.69 and a 200-day moving average price of $2.20. Zenvia has a 1-year low of $0.66 and a 1-year high of $3.88. The firm has a market cap of $77.90 million, a PE ratio of -6.41 and a beta of 2.09. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.07.

Zenvia (NASDAQ:ZENV) last posted its quarterly earnings results on Monday, July 15th. The company reported ($0.22) earnings per share for the quarter. Zenvia had a negative net margin of 13.40% and a negative return on equity of 12.60%. The company had revenue of $42.95 million during the quarter. As a group, equities research analysts expect that Zenvia will post -0.07 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Zenvia stock. Virtu Financial LLC purchased a new stake in Zenvia Inc. (NASDAQ:ZENV) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,338 shares of the company’s stock, valued at approximately $41,000. Institutional investors and hedge funds own 49.25% of the company’s stock.

About Zenvia

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.