Verb Technology Company, Inc. (NASDAQ:VERB) Short Interest Update

Verb Technology Company, Inc. (NASDAQ:VERB) was the target of a large decline in short interest in December. As of December 15th, there was short interest totalling 47,600 shares, a decline of 13.6% from the November 30th total of 55,100 shares. Approximately 5.3% of the company’s stock are short sold. Based on an average daily volume of 983,900 shares, the days-to-cover ratio is currently 0.0 days.

Verb Technology Stock Up 3.1 %

Shares of VERB stock opened at $6.60 on Monday. Verb Technology has a 52-week low of $5.05 and a 52-week high of $184.60. The company has a 50-day simple moving average of $8.75 and a two-hundred day simple moving average of $13.71. The company has a quick ratio of 4.05, a current ratio of 4.05 and a debt-to-equity ratio of 0.01.

Analyst Ratings Changes

Separately, Ascendiant Capital Markets cut their price objective on shares of Verb Technology from $800.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, November 11th.

Insider Buying and Selling at Verb Technology

In related news, major shareholder Corsair Capital Management, L. acquired 13,700 shares of the stock in a transaction dated Tuesday, October 22nd. The stock was purchased at an average cost of $10.71 per share, with a total value of $146,727.00. Following the completion of the purchase, the insider now directly owns 74,915 shares in the company, valued at $802,339.65. This trade represents a 22.38 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.55% of the stock is currently owned by company insiders.

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.