Cyabra, Inc. (NASDAQ:CYAB) Shares Shorted: Short Interest Up 2,457.2% in September

Cyabra, Inc. (NASDAQ:CYAB) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,550,919 shares, a growth of 2,457.2% from the September 15th total of 60,649 shares. Based on an average daily trading volume, of 16,501,504 shares, the short-interest ratio is currently 0.1 days. Currently, 10.7% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CYAB. Zacks Research raised Cyabra to a “hold” rating in a research report on Friday, July 24th. Maxim Group started coverage on shares of Cyabra in a research report on Thursday, July 23rd. They set a “buy” rating and a $1.00 price objective for the company. Weiss Ratings raised shares of Cyabra from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, September 1st. Finally, ThinkEquity assumed coverage on Cyabra in a report on Monday, September 21st. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Cyabra currently has a consensus rating of “Hold” and an average target price of $1.00.

Cyabra Stock Up 7.3%

Shares of Cyabra stock traded up $0.01 during trading on Friday, reaching $0.18. 1,563,822 shares of the company traded hands, compared to its average volume of 4,098,157. The company has a 50 day moving average price of $0.31. Cyabra has a 1-year low of $0.17 and a 1-year high of $6.20. The company has a market cap of $3.26 million, a price-to-earnings ratio of -0.06 and a beta of 0.61.

Cyabra (NASDAQ:CYAB) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.01). As a group, equities research analysts forecast that Cyabra will post -0.43 earnings per share for the current year.

Cyabra Company Profile

Cyabra Ltd. is an Israeli technology company that develops artificial intelligence-powered social media intelligence and analytics solutions. Its platform is designed to help organizations identify inauthentic online activity, including bots, fake accounts, coordinated campaigns and other forms of manipulated engagement across digital platforms.

The company’s products analyze online conversations, audiences and narratives to help customers assess the authenticity and influence of information circulating on social media.