Zenvia Inc. (NASDAQ:ZENV) Sees Significant Decrease in Short Interest

Zenvia Inc. (NASDAQ:ZENV) saw a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 7,700 shares, a decrease of 71.9% from the October 15th total of 27,400 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 25,600 shares, the days-to-cover ratio is presently 0.3 days.

Zenvia Price Performance

ZENV opened at $1.12 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.49 and a quick ratio of 0.49. Zenvia has a 1 year low of $0.80 and a 1 year high of $3.88. The stock’s 50 day simple moving average is $1.42 and its 200 day simple moving average is $2.01. The firm has a market cap of $46.91 million, a price-to-earnings ratio of -2.33 and a beta of 2.06.

Zenvia (NASDAQ:ZENV) last issued its quarterly earnings data on Thursday, September 5th. The company reported ($0.06) EPS for the quarter. Zenvia had a negative return on equity of 13.30% and a negative net margin of 13.11%. The company had revenue of $44.35 million during the quarter, compared to the consensus estimate of $39.40 million. During the same quarter last year, the company posted ($0.07) earnings per share. As a group, analysts predict that Zenvia will post -0.28 earnings per share for the current year.

Institutional Investors Weigh In On Zenvia

An institutional investor recently bought a new position in Zenvia stock. Virtu Financial LLC bought a new stake in shares of Zenvia Inc. (NASDAQ:ZENV) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,338 shares of the company’s stock, valued at approximately $41,000. 49.25% of the stock is owned by institutional investors and hedge funds.

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.