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

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

Verb Technology Trading Down 1.4 %

Shares of NASDAQ VERB opened at $4.92 on Monday. The company has a quick ratio of 4.05, a current ratio of 4.05 and a debt-to-equity ratio of 0.01. The stock’s 50 day moving average price is $5.39 and its two-hundred day moving average price is $7.61. Verb Technology has a 52-week low of $4.36 and a 52-week high of $56.98. The stock has a market capitalization of $5.48 million, a P/E ratio of -0.15 and a beta of 0.76.

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

Institutional Investors Weigh In On Verb Technology

A hedge fund recently bought a new stake in Verb Technology stock. SBI Securities Co. Ltd. acquired a new position in shares of Verb Technology Company, Inc. (NASDAQ:VERB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,538 shares of the company’s stock, valued at approximately $36,000. SBI Securities Co. Ltd. owned 0.56% of Verb Technology at the end of the most recent quarter. 7.24% of the stock is owned by institutional investors.

About Verb Technology

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.