Zenvia Inc. (NASDAQ:ZENV) Sees Significant Growth in Short Interest

Zenvia Inc. (NASDAQ:ZENV) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 16,600 shares, a growth of 115.6% from the October 31st total of 7,700 shares. Based on an average daily volume of 44,700 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On Zenvia

An institutional investor recently bought a new position in Zenvia stock. Virtu Financial LLC acquired a new position in shares of Zenvia Inc. (NASDAQ:ZENV) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 15,338 shares of the company’s stock, valued at approximately $41,000. Hedge funds and other institutional investors own 49.25% of the company’s stock.

Zenvia Stock Down 4.7 %

ZENV stock opened at $1.64 on Friday. The stock’s 50 day simple moving average is $1.40 and its 200 day simple moving average is $1.96. The company has a market cap of $68.68 million, a P/E ratio of -7.13 and a beta of 2.06. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.50 and a current ratio of 0.50. Zenvia has a fifty-two week low of $0.88 and a fifty-two week high of $3.88.

Zenvia (NASDAQ:ZENV) last issued its earnings results on Thursday, September 5th. The company reported ($0.06) earnings per share (EPS) for the quarter. Zenvia had a negative return on equity of 6.75% and a negative net margin of 6.14%. The firm had revenue of $44.35 million during the quarter, compared to the consensus estimate of $39.40 million. During the same quarter in the prior year, the business earned ($0.07) earnings per share. On average, research analysts expect that Zenvia will post -0.28 earnings per share for the current fiscal year.

Zenvia Company Profile

Zenvia Inc provides customer experience communications platform which empowers businesses to create unique journeys for their end-customers along their life cycle across range of B2C verticals. Zenvia Inc is based in S?O PAULO.