Short Interest in Banzai International, Inc. (NASDAQ:BNZI) Increases By 84.7%

Banzai International, Inc. (NASDAQ:BNZI) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 333,600 shares, an increase of 84.7% from the November 30th total of 180,600 shares. Currently, 10.0% of the shares of the stock are short sold. Based on an average trading volume of 3,280,000 shares, the short-interest ratio is currently 0.1 days.

Banzai International Price Performance

Shares of BNZI traded down $0.06 during mid-day trading on Friday, reaching $1.73. 389,434 shares of the company were exchanged, compared to its average volume of 1,146,025. The business has a 50 day simple moving average of $1.89 and a two-hundred day simple moving average of $4.63. Banzai International has a 52 week low of $1.30 and a 52 week high of $177.50.

Insider Buying and Selling at Banzai International

In related news, major shareholder Cp Bf Lending, Llc sold 635,549 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $4.14, for a total value of $2,631,172.86. Following the completion of the transaction, the insider now owns 4 shares in the company, valued at $16.56. This trade represents a 100.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 57.74% of the company’s stock.

About Banzai International

Banzai International, Inc, a marketing technology company, provides data-driven marketing and sales solutions for various businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its products include Demio, a browser-based webinar platform with data and marketing features designed to help businesses engage with their audience through live events and on-demand, interactive video content; Boost, a software-as-a-service (SaaS) solution for social sharing by event registrants; and Reach, a SaaS and managed service to increase registration and attendance of marketing events.