Short Interest in Banzai International, Inc. (NASDAQ:BNZI) Drops By 45.7%

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

Banzai International Trading Up 42.0 %

Shares of NASDAQ BNZI traded up $0.53 during midday trading on Wednesday, reaching $1.78. The company had a trading volume of 16,196,691 shares, compared to its average volume of 1,385,726. Banzai International has a 1 year low of $1.21 and a 1 year high of $85.53. The business’s 50-day simple moving average is $1.53 and its 200 day simple moving average is $3.54.

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.