Collective Audience, Inc. (NASDAQ:CAUD) Short Interest Up 21.8% in June

Collective Audience, Inc. (NASDAQ:CAUD) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 72,100 shares, a growth of 21.8% from the May 31st total of 59,200 shares. Based on an average daily trading volume, of 2,890,000 shares, the short-interest ratio is presently 0.0 days. Approximately 1.7% of the company’s stock are short sold.

Insider Buying and Selling

In related news, major shareholder Abri Ventures I, Llc sold 600,000 shares of Collective Audience stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $0.55, for a total value of $330,000.00. Following the completion of the transaction, the insider now owns 1,013,078 shares in the company, valued at $557,192.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 58.00% of the company’s stock.

Collective Audience Price Performance

Shares of Collective Audience stock traded down $0.02 during trading on Friday, hitting $0.54. 56,812 shares of the stock were exchanged, compared to its average volume of 206,072. The firm’s 50-day moving average price is $0.48 and its 200 day moving average price is $0.78. Collective Audience has a 12-month low of $0.35 and a 12-month high of $38.40.

About Collective Audience