Brand Engagement Network, Inc. (NASDAQ:BNAI) Short Interest Up 82.3% in March

Brand Engagement Network, Inc. (NASDAQ:BNAI) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 217,800 shares, an increase of 82.3% from the March 15th total of 119,500 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 4,170,000 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Brand Engagement Network

A hedge fund recently bought a new stake in Brand Engagement Network stock. Corps Capital Advisors LLC acquired a new stake in Brand Engagement Network, Inc. (NASDAQ:BNAI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 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. Institutional investors and hedge funds own 15.80% of the company’s stock.

Brand Engagement Network Stock Up 0.7 %

BNAI stock opened at $0.35 on Friday. Brand Engagement Network has a 12 month low of $0.26 and a 12 month high of $8.43. The firm’s fifty day simple moving average is $0.40 and its 200-day simple moving average is $0.66.

Brand Engagement Network Company Profile

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.