Verb Technology Company Inc (NASDAQ:VERB) Sees Large Decrease in Short Interest

Verb Technology Company Inc (NASDAQ:VERB) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totalling 63,400 shares, a decline of 38.6% from the May 30th total of 103,300 shares. Based on an average trading volume of 190,700 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.8% of the shares of the company are sold short.

Shares of NASDAQ VERB traded up $0.03 during midday trading on Thursday, hitting $2.02. 29,200 shares of the company’s stock were exchanged, compared to its average volume of 120,153. Verb Technology has a 12 month low of $1.64 and a 12 month high of $18.71. The business has a 50 day moving average of $1.92.

Verb Technology (NASDAQ:VERB) last issued its earnings results on Wednesday, May 15th. The company reported ($0.25) EPS for the quarter. The firm had revenue of $0.01 million during the quarter.

Verb Technology Company Profile

Verb Technology Company, Inc provides cloud-based business software products under the Tagg brand name. The company's flagship product is TaggCRM, a customer relationship management application that allows its users to create, distribute, and post interactive videos that contain on-screen clickable Taggs, which are interactive icons, buttons, and other on-screen elements that when clicked allow their prospects and customers to respond to its users' call to action in real-time, in the video, while the video is playing, without leaving or stopping the video.

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