Cyabra, Inc. (NASDAQ:CYAB) Stock Short Interest Drops 97.2%

Cyabra, Inc. (NASDAQ:CYAB) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 60,649 shares, a decline of 97.2% from the August 31st total of 2,200,060 shares. Based on an average daily volume of 806,787 shares, the short-interest ratio is currently 0.1 days. Approximately 0.4% of the company’s shares are short sold.

Cyabra Stock Performance

CYAB opened at $0.24 on Friday. The company has a market capitalization of $4.19 million, a P/E ratio of -0.07 and a beta of 0.43. The business’s 50 day simple moving average is $0.32. Cyabra has a fifty-two week low of $0.22 and a fifty-two week high of $6.20.

Cyabra (NASDAQ:CYAB) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.01). As a group, equities analysts anticipate that Cyabra will post -0.43 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Weiss Ratings upgraded Cyabra from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, September 1st. Maxim Group started coverage on Cyabra in a research report on Thursday, July 23rd. They set a “buy” rating and a $1.00 target price for the company. ThinkEquity initiated coverage on Cyabra in a research note on Monday. They set a “buy” rating on the stock. Finally, Zacks Research upgraded Cyabra to a “hold” rating in a report on Friday, July 24th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Cyabra has an average rating of “Hold” and a consensus price target of $1.00.

About Cyabra

Cyabra Inc is an artificial intelligence company that provides social media intelligence and analysis tools. Its platform is designed to identify inauthentic activity, including fake accounts, coordinated networks, and disinformation campaigns, while helping organizations understand how narratives and public conversations develop online.

The company’s products analyze content and account behavior across social media and other digital channels to help businesses, governments, and public-sector organizations monitor emerging issues, assess the reach and authenticity of online discussions, and respond to potential reputational or information-security risks.