Brand Engagement Network, Inc. (NASDAQ:BNAIW) Short Interest Up 429.0% in April

Brand Engagement Network, Inc. (NASDAQ:BNAIW) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 15,172 shares, a growth of 429.0% from the April 15th total of 2,868 shares. Based on an average daily trading volume, of 40,970 shares, the short-interest ratio is currently 0.4 days.

Brand Engagement Network Stock Performance

Brand Engagement Network stock opened at $0.16 on Friday. The company’s 50-day moving average price is $0.26 and its 200-day moving average price is $0.18. Brand Engagement Network has a twelve month low of $0.01 and a twelve month 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.