Short Interest in Verb Technology Company, Inc. (NASDAQ:VERB) Declines By 19.6%

Verb Technology Company, Inc. (NASDAQ:VERBGet Free Report) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 391,600 shares, a decline of 19.6% from the February 29th total of 487,100 shares. Based on an average daily volume of 15,470,000 shares, the short-interest ratio is presently 0.0 days. Approximately 1.6% of the company’s shares are sold short.

Verb Technology Stock Performance

NASDAQ VERB opened at $0.27 on Monday. Verb Technology has a twelve month low of $0.11 and a twelve month high of $5.10. The stock has a market cap of $4.35 million, a price-to-earnings ratio of -0.02 and a beta of 0.66. The firm’s 50 day moving average price is $0.19 and its two-hundred day moving average price is $0.30.

Hedge Funds Weigh In On Verb Technology

Several institutional investors and hedge funds have recently added to or reduced their stakes in VERB. UBS Group AG grew its position in Verb Technology by 206.6% during the 4th quarter. UBS Group AG now owns 164,465 shares of the company’s stock worth $26,000 after purchasing an additional 110,824 shares in the last quarter. Millennium Management LLC purchased a new position in shares of Verb Technology during the 2nd quarter valued at $42,000. Citadel Advisors LLC grew its holdings in shares of Verb Technology by 486.2% during the 3rd quarter. Citadel Advisors LLC now owns 98,349 shares of the company’s stock valued at $46,000 after acquiring an additional 81,571 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Verb Technology by 26.2% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 104,900 shares of the company’s stock valued at $55,000 after acquiring an additional 21,800 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of Verb Technology by 32.1% during the 3rd quarter. State Street Corp now owns 276,835 shares of the company’s stock valued at $130,000 after acquiring an additional 67,300 shares in the last quarter. 7.24% of the stock is currently owned by hedge funds and other institutional investors.

About Verb Technology

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Verb Technology Company, Inc develops Software-as-a-Service applications platform. It offers verbLIVE, an interactive livestream eCommerce and shoppable video and webinar application; verbCRM, a white-labelled interactive video-based customer relationship management application; verbTEAMS, a self on-boarding version of verbCRM with built-in verbLIVE for small businesses and solo entrepreneurs; verbLEARN, an interactive video and gamified learning management system application; and verbMAIL, an interactive video mail solution integrated into Microsoft Outlook.

Further Reading

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