Short Interest in Brand Engagement Network, Inc. (NASDAQ:BNAIW) Declines By 34.8%

Brand Engagement Network, Inc. (NASDAQ:BNAIW) was the target of a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 15,502 shares, a drop of 34.8% from the February 12th total of 23,779 shares. Based on an average daily volume of 84,406 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 84,406 shares, the short-interest ratio is currently 0.2 days.

Brand Engagement Network Trading Down 1.7%

NASDAQ:BNAIW traded down $0.00 during mid-day trading on Friday, hitting $0.28. The company had a trading volume of 3,921 shares, compared to its average volume of 309,309. Brand Engagement Network has a fifty-two week low of $0.01 and a fifty-two week high of $0.84. The business’s fifty day moving average is $0.23 and its two-hundred day moving average is $0.11.

Brand Engagement Network Company Profile

Brand Engagement Network, Inc provides conversational AI assistants. The company offers security-focused, multimodal communication, and human-like assistants. Its AI assistants are built on proprietary natural language processing, anomaly detection, multisensory awareness, sentiment, and environmental analysis, as well as real-time individuation and personalization capabilities. It serves the automotive, healthcare, and other industries through direct sales force and channel partners. Brand Engagement Network, Inc was formerly known as Blockchain Exchange Network Inc and changed its name to Brand Engagement Network, Inc in April 2023.