Short-term stake in Verb Technology Company, Inc. (NASDAQ: VERB) increases 67.1%


Verb Technology Company, Inc. (NASDAQ: VERBGet a rating) was the target of significant short-term interest growth in May. As of May 31, there was short interest totaling 3,660,000 shares, a growth of 67.1% from the May 15 total of 2,190,000 shares. Based on an average daily trading volume of 1,490,000 shares, the day-to-cover ratio is currently 2.5 days.

Several equity research analysts have published VERB stock reports. Alliance Global Partners cut its price target on Verb Technology to $2.25 and gave the company a “na” rating in a Tuesday, May 17 report. Ascendant Capital Markets cut its price target on Verb Technology to $4.50 in a Friday, May 20 report.

Shares of Action Verb Technology opened at $0.38 on Tuesday. Verb Technology has a 1-year low of $0.29 and a 1-year high of $3.97. The company has a debt ratio of 0.06, a current ratio of 0.31 and a quick ratio of 0.31. The company has a market capitalization of $38.85 million, a price-earnings ratio of -0.78 and a beta of 1.23. The company has a fifty-day simple moving average of $0.57 and a two-hundred-day simple moving average of $1.00.

Verbal technology (NASDAQ: VERBGet a rating) last released its quarterly results on Thursday, March 31. The company reported ($0.07) EPS for the quarter. The company had revenue of $2.71 million in the quarter. Verb Technology had a negative net margin of 326.57% and a negative return on equity of 232.32%. In the same period a year earlier, the company posted ($0.29) earnings per share. As a group, stock analysts expect Verb Technology to post -0.12 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of VERB. Citadel Advisors LLC acquired a new position in Verb Technology in the fourth quarter worth approximately $37,000. Susquehanna International Group LLP bought a new position in Verb Technology in the fourth quarter, valued at around $42,000. Millennium Management LLC bought a new position in Verb Technology in the fourth quarter worth approximately $42,000. GSA Capital Partners LLP bought a new position in Verb Technology in the third quarter worth approximately $49,000. Finally, Virtu Financial LLC bought a new position in Verb Technology in the fourth quarter worth approximately $81,000. 7.29% of the shares are held by institutional investors and hedge funds.

About Verb Technology (Get a rating)

Verb Technology Company, Inc develops a Software-as-a-Service application platform in the United States, Japan and internationally. It offers verbCRM, a customer relationship management (CRM) application; verbTEAMS, a CRM application for small and medium-sized businesses and solopreneurs; verbLEARN, a learning management system application that incorporates clickable video technology featured in its verbCRM application; and verbLIVE, a live e-commerce application.

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