Brand Engagement Network, Inc. (NASDAQ:BNAI) Short Interest Up 961.7% in February

Brand Engagement Network, Inc. (NASDAQ:BNAI) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,410,000 shares, an increase of 961.7% from the January 31st total of 132,800 shares. Currently, 5.4% of the company’s stock are short sold. Based on an average daily trading volume, of 4,910,000 shares, the short-interest ratio is currently 0.3 days.

Brand Engagement Network Stock Performance

Shares of BNAI stock traded down $0.03 on Friday, hitting $0.37. The stock had a trading volume of 87,175 shares, compared to its average volume of 6,799,805. Brand Engagement Network has a one year low of $0.33 and a one year high of $19.75. The business has a 50 day moving average price of $0.63 and a 200 day moving average price of $0.91.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Brand Engagement Network stock. Corps Capital Advisors LLC bought a new position in shares of Brand Engagement Network, Inc. (NASDAQ:BNAI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 172,579 shares of the company’s stock, valued at approximately $168,000. Corps Capital Advisors LLC owned 0.45% of Brand Engagement Network as of its most recent SEC filing. 15.80% of the stock is owned by hedge funds and other institutional investors.

About Brand Engagement Network

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.