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Verb Technology Company, Inc. (NASDAQ:VERBW) Short Interest Up 24.0% in February

kopsource ·  Mar 2, 2023 09:43

Verb Technology Company, Inc. (NASDAQ:VERBW – Get Rating) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 12,900 shares, an increase of 24.0% from the January 31st total of 10,400 shares. Based on an average trading volume of 11,600 shares, the days-to-cover ratio is currently 1.1 days.

Hedge Funds Weigh In On Verb Technology

An institutional investor recently bought a new position in Verb Technology stock. Verition Fund Management LLC bought a new position in shares of Verb Technology Company, Inc. (NASDAQ:VERBW – Get Rating) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 451,470 shares of the company's stock, valued at approximately $111,000.

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Verb Technology Stock Performance

NASDAQ:VERBW opened at $0.03 on Thursday. Verb Technology has a 12 month low of $0.02 and a 12 month high of $0.59. The company's 50-day moving average price is $0.08 and its two-hundred day moving average price is $0.13.

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