Short Interest in Banzai International, Inc. (NASDAQ:BNZI) Declines By 14.1%

Banzai International, Inc. (NASDAQ:BNZI) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 193,100 shares, a decrease of 14.1% from the February 13th total of 224,900 shares. Based on an average daily trading volume, of 2,750,000 shares, the short-interest ratio is presently 0.1 days. Approximately 3.5% of the shares of the company are sold short.

Banzai International Trading Up 15.6 %

Shares of BNZI opened at $1.26 on Wednesday. Banzai International has a fifty-two week low of $0.73 and a fifty-two week high of $37.50. The firm has a 50-day simple moving average of $1.45 and a 200-day simple moving average of $2.32.

Institutional Trading of Banzai International

An institutional investor recently bought a new position in Banzai International stock. Two Sigma Securities LLC purchased a new position in shares of Banzai International, Inc. (NASDAQ:BNZI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,730 shares of the company’s stock, valued at approximately $42,000. Two Sigma Securities LLC owned about 0.47% of Banzai International at the end of the most recent reporting period. 96.82% of the stock is owned by hedge funds and other institutional investors.

Banzai International Company Profile

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.