Short Interest in Verb Technology Company, Inc. (NASDAQ:VERB) Drops By 84.0%

Verb Technology Company, Inc. (NASDAQ:VERB) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 1,507,600 shares, a decrease of 84.0% from the May 31st total of 9,430,000 shares. Based on an average trading volume of 18,704,400 shares, the days-to-cover ratio is presently 0.1 days.

Verb Technology Stock Performance

Shares of NASDAQ VERB traded down $0.00 during trading on Friday, reaching $0.12. 1,248,499 shares of the stock were exchanged, compared to its average volume of 17,747,416. The business’s 50-day moving average price is $0.14 and its 200 day moving average price is $0.17. Verb Technology has a twelve month low of $0.11 and a twelve month high of $3.30. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.01.

Verb Technology (NASDAQ:VERB) last posted its quarterly earnings results on Friday, May 10th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $0.01 million during the quarter. Verb Technology had a negative return on equity of 632.48% and a negative net margin of 29,301.47%.

Verb Technology Company Profile

Verb Technology Company, Inc, through its subsidiaries, develops Software-as-a-Service applications platform. It offers MARKET.live, a livestream social shopping platform, that allows brands, retailers, and creators to broadcast shopping events on various social media channels, as well as services that range from production of livestream events to host and event consulting, and drop ship and creator programs.