Zenvia Inc. (NASDAQ:ZENV) Sees Large Increase in Short Interest

Zenvia Inc. (NASDAQ:ZENV) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 16,600 shares, an increase of 115.6% from the October 31st total of 7,700 shares. Based on an average daily trading volume, of 44,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Zenvia

A hedge fund recently bought a new stake in Zenvia stock. Virtu Financial LLC bought a new position in Zenvia Inc. (NASDAQ:ZENV) in the first quarter, according to the company in its most recent Form 13F filing with the 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.

Zenvia Price Performance

Shares of NASDAQ:ZENV opened at $1.72 on Thursday. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.05. The stock has a fifty day simple moving average of $1.39 and a two-hundred day simple moving average of $1.96. Zenvia has a 12-month low of $0.88 and a 12-month high of $3.88. The stock has a market capitalization of $72.03 million, a price-to-earnings ratio of -7.30 and a beta of 2.06.

Zenvia (NASDAQ:ZENV) last posted its quarterly earnings results on Thursday, September 5th. The company reported ($0.06) earnings per share (EPS) for the quarter. Zenvia had a negative return on equity of 6.75% and a negative net margin of 6.14%. The company had revenue of $44.35 million during the quarter, compared to analysts’ expectations of $39.40 million. During the same period in the prior year, the firm earned ($0.07) EPS. On average, research analysts anticipate that Zenvia will post -0.28 earnings per share for the current fiscal year.

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.