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

Verb Technology Company, Inc. (NASDAQ:VERB) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 81,200 shares, a decrease of 78.4% from the October 15th total of 375,800 shares. Based on an average trading volume of 982,100 shares, the days-to-cover ratio is presently 0.1 days. Approximately 8.2% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Ascendiant Capital Markets dropped their price objective on Verb Technology from $800.00 to $100.00 and set a “buy” rating on the stock in a report on Monday.

Verb Technology Trading Down 4.8 %

Shares of NASDAQ:VERB opened at $9.32 on Wednesday. Verb Technology has a one year low of $5.05 and a one year high of $184.60. 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 company’s fifty day moving average price is $10.98 and its 200-day moving average price is $18.94.

Verb Technology (NASDAQ:VERB) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($4.00) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($6.00) by $2.00. The company had revenue of $0.04 million during the quarter. Verb Technology had a negative net margin of 5,002.98% and a negative return on equity of 88.37%. As a group, analysts anticipate that Verb Technology will post -20 EPS for the current year.

Insider Transactions at Verb Technology

In other Verb Technology news, major shareholder Corsair Capital Management, L. bought 13,700 shares of the business’s stock in a transaction dated Tuesday, October 22nd. The shares were purchased at an average price of $10.71 per share, for a total transaction of $146,727.00. Following the purchase, the insider now directly owns 74,915 shares of the company’s stock, valued at approximately $802,339.65. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.55% of the company’s stock.

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.