Zenvia Inc. (NASDAQ:ZENV) Short Interest Up 86.4% in October

Zenvia Inc. (NASDAQ:ZENV) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 27,400 shares, a growth of 86.4% from the September 30th total of 14,700 shares. Based on an average daily volume of 26,500 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the shares of the company are short sold.

Zenvia Price Performance

Shares of NASDAQ:ZENV opened at $1.41 on Monday. The company has a market cap of $59.06 million, a price-to-earnings ratio of -4.86 and a beta of 2.05. The business has a 50 day moving average price of $1.56 and a 200 day moving average price of $2.10. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.07. Zenvia has a twelve month low of $0.80 and a twelve month high of $3.88.

Zenvia (NASDAQ:ZENV) last posted its quarterly earnings data on Thursday, September 5th. The company reported ($0.06) earnings per share 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 period in the prior year, the company posted ($0.07) earnings per share. Research analysts predict that Zenvia will post -0.28 earnings per share for the current year.

Institutional Trading of Zenvia

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

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.