Brand Engagement Network, Inc. (NASDAQ:BNAIW) Short Interest Up 429.0% in April

Brand Engagement Network, Inc. (NASDAQ:BNAIW) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 15,172 shares, an increase of 429.0% from the April 15th total of 2,868 shares. Based on an average daily volume of 40,970 shares, the short-interest ratio is presently 0.4 days.

Brand Engagement Network Stock Up 5.6%

Shares of NASDAQ BNAIW traded up $0.01 during midday trading on Thursday, reaching $0.17. The company’s stock had a trading volume of 17,920 shares, compared to its average volume of 187,935. Brand Engagement Network has a fifty-two week low of $0.01 and a fifty-two week high of $0.84. The business’s 50 day moving average price is $0.27 and its two-hundred day moving average price is $0.18.

Brand Engagement Network Company Profile

Brand Engagement Network, Inc provides conversational AI assistants. The company offers security-focused, multimodal communication, and human-like assistants. Its AI assistants are built on proprietary natural language processing, anomaly detection, multisensory awareness, sentiment, and environmental analysis, as well as real-time individuation and personalization capabilities. It serves the automotive, healthcare, and other industries through direct sales force and channel partners. Brand Engagement Network, Inc was formerly known as Blockchain Exchange Network Inc and changed its name to Brand Engagement Network, Inc in April 2023.