Banzai International, Inc. (NASDAQ:BNZI) Short Interest Down 45.7% in December

Banzai International, Inc. (NASDAQ:BNZI) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 181,300 shares, a decline of 45.7% from the December 15th total of 333,600 shares. Approximately 5.2% of the company’s stock are short sold. Based on an average daily volume of 2,300,000 shares, the short-interest ratio is currently 0.1 days.

Banzai International Trading Down 4.6 %

BNZI stock traded down $0.07 during midday trading on Tuesday, reaching $1.38. 84,331 shares of the company’s stock traded hands, compared to its average volume of 512,877. The company has a 50-day moving average price of $1.63 and a two-hundred day moving average price of $4.04. Banzai International has a 52 week low of $1.30 and a 52 week high of $107.00.

Insider Buying and Selling at Banzai International

In related news, major shareholder Cp Bf Lending, Llc sold 635,549 shares of Banzai International stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $4.14, for a total value of $2,631,172.86. Following the sale, the insider now owns 4 shares of the company’s stock, valued at approximately $16.56. The trade was a 100.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 57.74% of the company’s stock.

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.