Short Interest in Verb Technology Company, Inc. (NASDAQ:VERB) Decreases By 23.7%

Verb Technology Company, Inc. (NASDAQ:VERB) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 1,160,000 shares, a decrease of 23.7% from the August 31st total of 1,520,000 shares. Based on an average daily volume of 12,380,000 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Ascendiant Capital Markets cut their price target on Verb Technology from $4.50 to $4.00 and set a “buy” rating for the company in a research note on Tuesday, September 3rd.

Verb Technology Stock Performance

Shares of NASDAQ VERB opened at $0.05 on Friday. The firm’s 50-day moving average is $0.07 and its two-hundred day moving average is $0.14. Verb Technology has a 12-month low of $0.05 and a 12-month high of $0.92. The company has a quick ratio of 4.52, a current ratio of 4.52 and a debt-to-equity ratio of 0.01.

Verb Technology (NASDAQ:VERB) last posted its earnings results on Wednesday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. Verb Technology had a negative return on equity of 165.56% and a negative net margin of 11,568.63%. The firm had revenue of $0.04 million for the quarter. Research analysts anticipate that Verb Technology will post -0.1 EPS for the current year.

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.