2 weeks Ago By ABMN Staff
Brand Engagement Network, Inc. ( NASDAQ:BNAI – Get Free Report ) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 224,000 shares, a drop of 27.
1% from the August 31st total of 307,100 shares. Currently, 1.0% of the company’s shares are sold short.
Based on an average trading volume of 179,900 shares, the days-to-cover ratio is currently 1.2 days. Wall Street Analyst Weigh In Separately, Maxim Group started coverage on shares of Brand Engagement Network in a report on Thursday, July 25th.
They issued a “buy” rating and a $6.00 price objective for the company. Read Our Latest Analysis on BNAI Brand Engagement Network Trading Up 2.
6 % Brand Engagement Network ( NASDAQ:BNAI – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($0.19) earnings per share (EPS) for the quarter.
Institutional Trading of Brand Engagement Network A number of institutional investors have recently bought and sold shares of the business. Whittier Trust Co. purchased a new stake in Brand Engagement Network in the first quarter valued at $319,000.
Atlas Merchant Capital LLC purchased a new stake in shares of Brand Engagement Network in the second quarter valued at about $604,000. Finally, Periscope Capital Inc. acquired a new stake in shares of Brand Engagement Network during the first quarter worth about $1,012,000.
15.80% of the stock is owned by hedge funds and other institutional investors. Brand Engagement Network Company Profile ( Get Free Report ) Brand Engagement Network, Inc provides conversational AI assistants.
The company offers security-focused, multimodal communication, and human-like assistants. Its AI assistants are built on proprietary natural language processing, anomaly detection, multisensory awareness, sentiment, and environmental analysis, as well as real-time individuation and personalization capabilities. Featured Articles Receive News & Ratings for Brand Engagement Network Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brand Engagement Network and related companies with MarketBeat.
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