Banzai International, Inc. (NASDAQ:BNZI) Short Interest Down 45.7% in December

Banzai International, Inc. (NASDAQ:BNZI) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 181,300 shares, a decline of 45.7% from the December 15th total of 333,600 shares. Based on an average trading volume of 2,300,000 shares, the short-interest ratio is presently 0.1 days. Currently, 5.2% of the shares of the company are sold short.

Banzai International Trading Down 1.5 %

NASDAQ:BNZI traded down $0.02 during trading hours on Wednesday, reaching $1.35. The company had a trading volume of 276,172 shares, compared to its average volume of 511,780. Banzai International has a 1-year low of $1.29 and a 1-year high of $107.00. The business’s 50 day moving average price is $1.62 and its 200-day moving average price is $3.99.

Insider Buying and Selling at Banzai International

In other news, major shareholder Cp Bf Lending, Llc sold 635,549 shares of the business’s stock in a transaction dated Thursday, October 17th. The stock was 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 of the company’s stock, valued at $16.56. The trade was a 100.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 57.74% of the company’s stock.

Banzai International Company Profile

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.