Zenvia Inc. (NASDAQ:ZENV) Short Interest Down 59.9% in September

Zenvia Inc. (NASDAQ:ZENV) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 11,800 shares, a decline of 59.9% from the August 31st total of 29,400 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 46,900 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Zenvia

An institutional investor recently bought a new position in Zenvia stock. Virtu Financial LLC bought a new position in shares of Zenvia Inc. (NASDAQ:ZENV) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,338 shares of the company’s stock, valued at approximately $41,000. 49.25% of the stock is currently owned by hedge funds and other institutional investors.

Zenvia Trading Up 1.7 %

Shares of ZENV opened at $1.51 on Wednesday. The stock has a fifty day moving average price of $1.71 and a two-hundred day moving average price of $2.22. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.49 and a current ratio of 0.49. Zenvia has a 52-week low of $0.80 and a 52-week high of $3.88. The company has a market cap of $63.04 million, a price-to-earnings ratio of -5.19 and a beta of 2.06.

Zenvia (NASDAQ:ZENV) last issued its quarterly earnings data on Thursday, September 5th. The company reported ($0.06) earnings per share (EPS) for the quarter. Zenvia had a negative net margin of 13.11% and a negative return on equity of 13.30%. The business had revenue of $44.35 million during the quarter, compared to the consensus estimate of $39.40 million. During the same quarter in the previous year, the firm posted ($0.07) EPS. Analysts predict that Zenvia will post -0.28 EPS for the current fiscal year.

Zenvia Company Profile

Zenvia Inc provides customer experience communications platform which empowers businesses to create unique journeys for their end-customers along their life cycle across range of B2C verticals. Zenvia Inc is based in S?O PAULO.