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

Verb Technology Company, Inc. (NASDAQ:VERB) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 63,600 shares, a growth of 41.6% from the February 28th total of 44,900 shares. Currently, 10.2% of the shares of the company are short sold. Based on an average daily volume of 37,000 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Trading of Verb Technology

A hedge fund recently bought a new stake in Verb Technology stock. SBI Securities Co. Ltd. bought a new stake in Verb Technology Company, Inc. (NASDAQ:VERB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,538 shares of the company’s stock, valued at approximately $36,000. SBI Securities Co. Ltd. owned 0.56% of Verb Technology as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 7.24% of the company’s stock.

Verb Technology Stock Performance

NASDAQ:VERB opened at $4.92 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.05 and a quick ratio of 4.05. The firm has a market cap of $5.48 million, a price-to-earnings ratio of -0.15 and a beta of 0.76. The firm’s fifty day moving average price is $5.39 and its 200 day moving average price is $7.64. Verb Technology has a 1-year low of $4.36 and a 1-year high of $56.98.

Verb Technology (NASDAQ:VERB) last issued its earnings results on Tuesday, March 25th. The company reported ($2.20) earnings per share for the quarter, beating the consensus estimate of ($2.52) by $0.32. The business had revenue of $0.72 million for the quarter, compared to the consensus estimate of $0.20 million. Verb Technology had a negative net margin of 5,002.98% and a negative return on equity of 88.37%. On average, sell-side analysts expect 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.