Verb Technology Company, Inc. (NASDAQ:VERBW) Short Interest Down 79.0% in May

Verb Technology Company, Inc. (NASDAQ:VERBW – Get Rating) saw a large decline in short interest in May. As of May 15th, there was short interest totalling 7,000 shares, a decline of 79.0% from the April 30th total of 33,400 shares. Based on an average daily trading volume, of 29,400 shares, the days-to-cover ratio is currently 0.2 days.

Verb Technology Stock Performance

Shares of NASDAQ:VERBW remained flat at $0.02 during trading hours on Friday. 2,442 shares of the stock traded hands, compared to its average volume of 27,540. Verb Technology has a one year low of $0.02 and a one year high of $0.42. The company’s 50 day simple moving average is $0.02 and its two-hundred day simple moving average is $0.05.

Institutional Investors Weigh In On Verb Technology

A hedge fund recently bought a new stake in Verb Technology stock. Verition Fund Management LLC acquired a new position in shares of Verb Technology Company, Inc. (NASDAQ:VERBW – Get Rating) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 451,470 shares of the company’s stock, valued at approximately $111,000.

About Verb Technology

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Verb Technology Company, Inc is rapidly emerging as the market leader in business-focused interactive video sales and marketing tools, including livestream ecommerce, CRM, and content management applications. With offices in California and Utah, USA, VERB provides next-generation software applications to sales-based organizations in more than 60 countries and 48 languages.