Short Interest in Zenvia Inc. (NASDAQ:ZENV) Increases By 100.9%

Zenvia Inc. (NASDAQ:ZENV) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 193,500 shares, a growth of 100.9% from the February 28th total of 96,300 shares. Based on an average daily volume of 129,800 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.8% of the shares of the company are sold short.

Zenvia Price Performance

Shares of NASDAQ ZENV opened at $1.81 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.50 and a quick ratio of 0.50. The firm has a market capitalization of $75.81 million, a PE ratio of -7.87 and a beta of 2.02. Zenvia has a 1-year low of $1.02 and a 1-year high of $3.88. The business’s fifty day moving average price is $2.06 and its two-hundred day moving average price is $1.79.

Hedge Funds Weigh In On Zenvia

An institutional investor recently bought a new position in Zenvia stock. Two Sigma Securities LLC purchased a new stake in shares of Zenvia Inc. (NASDAQ:ZENV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 25,994 shares of the company’s stock, valued at approximately $61,000. Two Sigma Securities LLC owned about 0.06% of Zenvia at the end of the most recent quarter. Hedge funds and other institutional investors own 49.25% of the company’s stock.

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.