Short Interest in Zenvia Inc. (NASDAQ:ZENV) Drops By 27.4%

Zenvia Inc. (NASDAQ:ZENV) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totalling 41,400 shares, a decrease of 27.4% from the June 15th total of 57,000 shares. Based on an average daily volume of 63,200 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Trading of Zenvia

An institutional investor recently bought a new position in Zenvia stock. Virtu Financial LLC acquired a new stake in Zenvia Inc. (NASDAQ:ZENV) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 Stock Performance

Shares of Zenvia stock opened at $2.28 on Monday. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.06. The company has a market cap of $95.49 million, a PE ratio of -7.86 and a beta of 2.09. The company has a 50 day moving average of $2.75 and a 200-day moving average of $2.16. Zenvia has a 1-year low of $0.66 and a 1-year high of $3.88.

Zenvia (NASDAQ:ZENV) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.14) EPS for the quarter. The firm had revenue of $43.81 million for the quarter. Zenvia had a negative net margin of 7.56% and a negative return on equity of 6.63%. As a group, equities research analysts forecast that Zenvia will post -0.07 earnings per share for the current fiscal year.

About Zenvia

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.