Brand Engagement Network, Inc. (NASDAQ:BNAIW) Sees Significant Decline in Short Interest

Brand Engagement Network, Inc. (NASDAQ:BNAIW) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 8,795 shares, a decline of 42.0% from the April 30th total of 15,172 shares. Based on an average daily volume of 35,600 shares, the short-interest ratio is currently 0.2 days.

Brand Engagement Network Price Performance

Shares of BNAIW traded down $0.00 during midday trading on Tuesday, hitting $0.10. The company had a trading volume of 22,812 shares, compared to its average volume of 169,804. The company’s 50 day moving average price is $0.22 and its 200 day moving average price is $0.18. Brand Engagement Network has a 52 week low of $0.01 and a 52 week high of $0.84.

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. It serves the automotive, healthcare, and other industries through direct sales force and channel partners. Brand Engagement Network, Inc was formerly known as Blockchain Exchange Network Inc and changed its name to Brand Engagement Network, Inc in April 2023.