Zenvia Inc. (NASDAQ:ZENV) Short Interest Down 71.9% in October

Zenvia Inc. (NASDAQ:ZENV) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 7,700 shares, a decline of 71.9% from the October 15th total of 27,400 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 25,600 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Zenvia stock. Virtu Financial LLC purchased a new stake in Zenvia Inc. (NASDAQ:ZENV) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 15,338 shares of the company’s stock, valued at approximately $41,000. 49.25% of the stock is currently owned by institutional investors and hedge funds.

Zenvia Stock Down 2.5 %

Shares of NASDAQ:ZENV opened at $1.19 on Wednesday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.07. Zenvia has a fifty-two week low of $0.80 and a fifty-two week high of $3.88. The stock has a market cap of $49.84 million, a price-to-earnings ratio of -2.54 and a beta of 2.06. The firm’s 50 day moving average price is $1.44 and its 200 day moving average price is $2.02.

Zenvia (NASDAQ:ZENV) last released its quarterly earnings data on Thursday, September 5th. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $44.35 million for the quarter, compared to analysts’ expectations of $39.40 million. Zenvia had a negative return on equity of 13.30% and a negative net margin of 13.11%. During the same period last year, the firm posted ($0.07) earnings per share. As a group, equities research analysts predict that Zenvia will post -0.28 earnings per share for the current fiscal year.

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.