Brand Engagement Network, Inc. (NASDAQ:BNAI) Short Interest Update

Brand Engagement Network, Inc. (NASDAQ:BNAI) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 119,500 shares, a decline of 35.3% from the February 28th total of 184,800 shares. Based on an average daily volume of 4,740,000 shares, the short-interest ratio is currently 0.0 days. Currently, 0.4% of the shares of the company are short sold.

Brand Engagement Network Price Performance

NASDAQ BNAI opened at $0.37 on Friday. The stock has a 50-day simple moving average of $0.45 and a 200 day simple moving average of $0.73. Brand Engagement Network has a twelve month low of $0.30 and a twelve month high of $8.43.

Institutional Investors Weigh In On Brand Engagement Network

A hedge fund recently bought a new stake in Brand Engagement Network stock. Corps Capital Advisors LLC purchased a new stake in Brand Engagement Network, Inc. (NASDAQ:BNAI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 172,579 shares of the company’s stock, valued at approximately $168,000. Corps Capital Advisors LLC owned 0.45% of Brand Engagement Network at the end of the most recent reporting period. Institutional investors own 15.80% of the company’s stock.

About Brand Engagement Network

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.