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

Brand Engagement Network, Inc. (NASDAQ:BNAIW) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 21,707 shares, an increase of 49.9% from the July 15th total of 14,484 shares. Based on an average daily trading volume, of 2,387 shares, the days-to-cover ratio is currently 9.1 days.

Brand Engagement Network Stock Up 9.8%

Shares of BNAIW traded up $0.01 during mid-day trading on Tuesday, hitting $0.14. The company’s stock had a trading volume of 100 shares, compared to its average volume of 122,783. Brand Engagement Network has a 1-year low of $0.02 and a 1-year high of $0.84. The firm has a 50-day simple moving average of $0.13 and a 200 day simple moving average of $0.21.

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.