Brand Engagement Network (BNAI) Short Interest Ratio & Short Volume

Short interest is the volume of Brand Engagement Network shares that have been sold short but have not yet been closed out or covered. As of August 15th, traders have sold 79,700 shares of BNAI short. 0.51% of Brand Engagement Network's shares are currently sold short. Learn More on Brand Engagement Network's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.51% of Brand Engagement Network's floating shares are currently sold short.

Brand Engagement Network saw a decrease in short interest in the month of August. As of August 15th, there was short interest totaling 79,700 shares, a decrease of 14.3% from the previous total of 93,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Brand Engagement Network currently has issued a total of 33,322,000 shares. Some of Brand Engagement Network's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Brand Engagement Network currently has a public float of 15,690,000 shares.

0.51% of Brand Engagement Network's shares are currently sold short. Here is how the short interest of companies in the industry of "computer software" compare to Brand Engagement Network: Arbe Robotics Ltd. (1.28%), RumbleOn, Inc. (4.82%), WM Technology, Inc. (3.18%), Lucas GC Limited (1.79%), Cerence Inc. (17.76%), CSP Inc. (2.91%), Sangoma Technologies Co. (0.03%), Porch Group, Inc. (13.08%), Innovative Solutions and Support, Inc. (0.32%), Sify Technologies Limited (0.06%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

Short selling BNAI is an investing strategy that aims to generate trading profit from Brand Engagement Network as its price is falling. BNAI shares are trading up $0.04 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Brand Engagement Network occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of BNAI, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BNAI, twice per month. The most recent reporting period available is August, 15 2024.