Brand Engagement Network, Inc. (NASDAQ:BNAIW) Sees Large Increase in Short Interest

Brand Engagement Network, Inc. (NASDAQ:BNAIW) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 21,707 shares, an increase of 49.9% from the July 15th total of 14,484 shares. Based on an average trading volume of 2,387 shares, the days-to-cover ratio is presently 9.1 days.

Brand Engagement Network Stock Performance

Shares of BNAIW traded up $0.01 on Tuesday, hitting $0.14. 100 shares of the stock traded hands, compared to its average volume of 122,783. The stock’s 50 day moving average is $0.13 and its two-hundred day moving average is $0.21. Brand Engagement Network has a 1 year low of $0.02 and a 1 year high of $0.84.

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. 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.