Short Interest in Zenvia Inc. (NASDAQ:ZENV) Expands By 116.4%

Zenvia Inc. (NASDAQ:ZENV) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 23,800 shares, an increase of 116.4% from the January 31st total of 11,000 shares. Based on an average trading volume of 120,600 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Zenvia

A hedge fund recently bought a new stake in Zenvia stock. NewEdge Advisors LLC acquired a new stake in Zenvia Inc. (NASDAQ:ZENV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 43,431 shares of the company’s stock, valued at approximately $101,000. NewEdge Advisors LLC owned about 0.10% of Zenvia at the end of the most recent reporting period. Hedge funds and other institutional investors own 49.25% of the company’s stock.

Zenvia Stock Performance

NASDAQ:ZENV opened at $1.87 on Friday. Zenvia has a twelve month low of $1.12 and a twelve month high of $3.88. The firm has a market capitalization of $78.32 million, a price-to-earnings ratio of -8.13 and a beta of 1.97. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.05. The firm’s fifty day simple moving average is $2.34 and its 200 day simple moving average is $1.80.

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.