Short Interest in Banzai International, Inc. (NASDAQ:BNZI) Drops By 14.1%

Banzai International, Inc. (NASDAQ:BNZI) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 193,100 shares, a decrease of 14.1% from the February 13th total of 224,900 shares. Based on an average daily volume of 2,750,000 shares, the short-interest ratio is presently 0.1 days. Approximately 3.5% of the company’s shares are sold short.

Institutional Investors Weigh In On Banzai International

A hedge fund recently bought a new stake in Banzai International stock. Two Sigma Securities LLC acquired a new position in Banzai International, Inc. (NASDAQ:BNZI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 27,730 shares of the company’s stock, valued at approximately $42,000. Two Sigma Securities LLC owned approximately 0.47% of Banzai International at the end of the most recent quarter. Institutional investors and hedge funds own 96.82% of the company’s stock.

Banzai International Stock Down 5.6 %

Shares of NASDAQ BNZI opened at $1.19 on Thursday. Banzai International has a 12 month low of $0.73 and a 12 month high of $37.50. The business has a fifty day simple moving average of $1.44 and a 200-day simple moving average of $2.31.

About Banzai International

Banzai International, Inc, a marketing technology company, provides data-driven marketing and sales solutions for various businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its products include Demio, a browser-based webinar platform with data and marketing features designed to help businesses engage with their audience through live events and on-demand, interactive video content; Boost, a software-as-a-service (SaaS) solution for social sharing by event registrants; and Reach, a SaaS and managed service to increase registration and attendance of marketing events.