Short Interest in Brand Engagement Network, Inc. (NASDAQ:BNAIW) Decreases By 42.0%

Brand Engagement Network, Inc. (NASDAQ:BNAIW) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 8,795 shares, a decrease of 42.0% from the April 30th total of 15,172 shares. Based on an average trading volume of 35,600 shares, the short-interest ratio is currently 0.2 days.

Brand Engagement Network Price Performance

BNAIW traded down $0.02 during trading on Thursday, hitting $0.11. The company’s stock had a trading volume of 4,882 shares, compared to its average volume of 165,244. Brand Engagement Network has a twelve month low of $0.01 and a twelve month high of $0.84. The stock’s fifty day moving average price is $0.21 and its 200-day moving average price is $0.18.

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.