Brand Engagement Network, Inc. (NASDAQ:BNAIW) Sees Significant Growth in Short Interest

Brand Engagement Network, Inc. (NASDAQ:BNAIW – Get Free Report) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 21,707 shares, a growth of 49.9% from the July 15th total of 14,484 shares. Based on an average trading volume of 2,387 shares, the days-to-cover ratio is presently 9.1 days.

Brand Engagement Network Price Performance

Brand Engagement Network stock traded up $0.02 during mid-day trading on Wednesday, reaching $0.12. The company had a trading volume of 3,154 shares, compared to its average volume of 121,133. Brand Engagement Network has a 52 week low of $0.02 and a 52 week high of $0.84. The company has a 50 day moving average of $0.13 and a 200-day moving average of $0.20.

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About Brand Engagement Network

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Brand Engagement Network, Inc provides conversational AI assistants. The company offers security-focused, multimodal communication, and human-like assistants. Its AI assistants are built on proprietary natural language processing, anomaly detection, multisensory awareness, sentiment, and environmental analysis, as well as real-time individuation and personalization capabilities. It serves the automotive, healthcare, and other industries through direct sales force and channel partners. Brand Engagement Network, Inc was formerly known as Blockchain Exchange Network Inc and changed its name to Brand Engagement Network, Inc in April 2023.

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