Zenvia Inc. (NASDAQ:ZENV) Sees Significant Drop in Short Interest

Zenvia Inc. (NASDAQ:ZENV) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 146,909 shares, a drop of 17.5% from the February 26th total of 178,131 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average trading volume of 429,284 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Zenvia in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.

Institutional Investors Weigh In On Zenvia

An institutional investor recently raised its position in Zenvia stock. Goldman Sachs Group Inc. increased its stake in shares of Zenvia Inc. (NASDAQ:ZENV) by 104.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 65,644 shares of the company’s stock after buying an additional 33,556 shares during the quarter. Goldman Sachs Group Inc. owned about 0.16% of Zenvia worth $139,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 49.25% of the company’s stock.

Zenvia Price Performance

Shares of NASDAQ ZENV opened at $0.47 on Wednesday. Zenvia has a 12-month low of $0.25 and a 12-month high of $2.21. The stock has a market cap of $24.35 million, a PE ratio of -1.17 and a beta of 1.86. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average of $0.67 and a 200 day moving average of $1.02.

Zenvia Company Profile

Zenvia SA (NASDAQ: ZENV) is a Brazilian-based cloud communications company that provides businesses with a platform to automate, orchestrate and optimize customer interactions across digital channels. Listing on Nasdaq positions Zenvia among the first Latin American tech platforms to access U.S. public markets, enabling it to expand its reach and invest in next-generation customer engagement tools. The company’s core offering allows enterprises to deliver personalized messages, notifications and support through SMS, WhatsApp, voice, email and popular social messaging apps.

Zenvia’s product suite includes a developer-friendly API, a user-centric messaging portal and AI-powered chatbots designed to streamline customer service workflows and drive engagement.