Short Interest in Banzai International, Inc. (NASDAQ:BNZI) Expands By 84.7%

Banzai International, Inc. (NASDAQ:BNZI) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 333,600 shares, a growth of 84.7% from the November 30th total of 180,600 shares. Approximately 10.0% of the company’s shares are short sold. Based on an average trading volume of 3,280,000 shares, the days-to-cover ratio is presently 0.1 days.

Insider Buying and Selling at Banzai International

In other Banzai International news, major shareholder Cp Bf Lending, Llc sold 635,549 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $4.14, for a total transaction of $2,631,172.86. Following the transaction, the insider now directly owns 4 shares in the company, valued at approximately $16.56. This represents a 100.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 57.74% of the company’s stock.

Banzai International Stock Down 3.4 %

NASDAQ BNZI traded down $0.06 on Friday, hitting $1.73. 389,434 shares of the company were exchanged, compared to its average volume of 1,146,025. The stock has a fifty day moving average of $1.89 and a 200-day moving average of $4.63. Banzai International has a 12 month low of $1.30 and a 12 month high of $177.50.

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.