Verb Technology Company, Inc. (NASDAQ:VERB) Short Interest Up 41.6% in March

Verb Technology Company, Inc. (NASDAQ:VERB) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 63,600 shares, an increase of 41.6% from the February 28th total of 44,900 shares. Based on an average daily trading volume, of 37,000 shares, the short-interest ratio is currently 1.7 days. Approximately 10.2% of the company’s shares are sold short.

Verb Technology Stock Down 1.4 %

VERB opened at $4.92 on Monday. Verb Technology has a 1 year low of $4.36 and a 1 year high of $56.98. The firm has a 50 day moving average price of $5.39 and a 200 day moving average price of $7.61. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.05 and a current ratio of 4.05. The company has a market cap of $5.48 million, a PE ratio of -0.15 and a beta of 0.76.

Verb Technology (NASDAQ:VERB) last announced its quarterly earnings results on Tuesday, March 25th. The company reported ($2.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.52) by $0.32. Verb Technology had a negative net margin of 5,002.98% and a negative return on equity of 88.37%. The firm had revenue of $0.72 million during the quarter, compared to analysts’ expectations of $0.20 million. Sell-side analysts expect that Verb Technology will post -17.56 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Verb Technology stock. SBI Securities Co. Ltd. bought a new position in shares of Verb Technology Company, Inc. (NASDAQ:VERB) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,538 shares of the company’s stock, valued at approximately $36,000. SBI Securities Co. Ltd. owned about 0.56% of Verb Technology as of its most recent filing with the Securities and Exchange Commission (SEC). 7.24% of the stock is currently owned by hedge funds and other institutional investors.

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.