Zenvia Inc. (NASDAQ:ZENV) Sees Large Drop in Short Interest

Zenvia Inc. (NASDAQ:ZENV) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 7,700 shares, a drop of 71.9% from the October 15th total of 27,400 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 25,600 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Zenvia

An institutional investor recently bought a new position in Zenvia stock. Virtu Financial LLC bought a new stake in shares of Zenvia Inc. (NASDAQ:ZENV) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,338 shares of the company’s stock, valued at approximately $41,000. Institutional investors own 49.25% of the company’s stock.

Zenvia Trading Down 5.9 %

Shares of ZENV stock opened at $1.12 on Thursday. The stock has a market capitalization of $46.91 million, a price-to-earnings ratio of -2.33 and a beta of 2.06. Zenvia has a 12-month low of $0.80 and a 12-month high of $3.88. The stock’s 50-day moving average price is $1.42 and its 200-day moving average price is $2.01. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.07.

Zenvia (NASDAQ:ZENV) last announced its quarterly earnings results on Thursday, September 5th. The company reported ($0.06) EPS for the quarter. The business had revenue of $44.35 million during the quarter, compared to the consensus estimate of $39.40 million. Zenvia had a negative net margin of 13.11% and a negative return on equity of 13.30%. During the same period in the previous year, the business posted ($0.07) EPS. Equities research analysts predict that Zenvia will post -0.28 EPS for the current fiscal year.

Zenvia Company Profile

Zenvia Inc provides customer experience communications platform which empowers businesses to create unique journeys for their end-customers along their life cycle across range of B2C verticals. Zenvia Inc is based in S?O PAULO.