Verb Technology Company, Inc. (NASDAQ:VERB) Short Interest Update

Verb Technology Company, Inc. (NASDAQ:VERB) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 47,600 shares, a decline of 13.6% from the November 30th total of 55,100 shares. Currently, 5.3% of the shares of the company are short sold. Based on an average trading volume of 983,900 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Ascendiant Capital Markets lowered their price target on shares of Verb Technology from $800.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, November 11th.

Insider Buying and Selling at Verb Technology

In other news, major shareholder Corsair Capital Management, L. acquired 13,700 shares of the firm’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was bought at an average price of $10.71 per share, with a total value of $146,727.00. Following the acquisition, the insider now owns 74,915 shares in the company, valued at $802,339.65. The trade was a 22.38 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.55% of the company’s stock.

Verb Technology Price Performance

Shares of NASDAQ VERB opened at $6.60 on Monday. The company has a current ratio of 4.05, a quick ratio of 4.05 and a debt-to-equity ratio of 0.01. Verb Technology has a fifty-two week low of $5.05 and a fifty-two week high of $184.60. The stock has a fifty day moving average of $8.75 and a 200-day moving average of $13.71.

Verb Technology Company Profile

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.