Cyabra, Inc. (NASDAQ:CYAB) Sees Significant Drop in Short Interest

Cyabra, Inc. (NASDAQ:CYAB) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 60,649 shares, a decline of 97.2% from the August 31st total of 2,200,060 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 806,787 shares, the short-interest ratio is presently 0.1 days.

Cyabra Price Performance

Cyabra stock traded down $0.02 during mid-day trading on Thursday, reaching $0.24. The company had a trading volume of 1,126,302 shares, compared to its average volume of 17,068,614. The business’s 50-day simple moving average is $0.32. Cyabra has a 1 year low of $0.22 and a 1 year high of $6.20. The company has a market cap of $4.19 million, a P/E ratio of -0.07 and a beta of 0.43.

Cyabra (NASDAQ:CYAB) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.01). On average, analysts anticipate that Cyabra will post -0.43 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Maxim Group began coverage on shares of Cyabra in a report on Thursday, July 23rd. They set a “buy” rating and a $1.00 price target for the company. Weiss Ratings raised Cyabra from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, September 1st. Zacks Research upgraded Cyabra to a “hold” rating in a research report on Friday, July 24th. Finally, ThinkEquity started coverage on Cyabra in a research note on Monday. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $1.00.

About Cyabra

Cyabra Inc is an artificial intelligence company that provides social media intelligence and analysis tools. Its platform is designed to identify inauthentic activity, including fake accounts, coordinated networks, and disinformation campaigns, while helping organizations understand how narratives and public conversations develop online.

The company’s products analyze content and account behavior across social media and other digital channels to help businesses, governments, and public-sector organizations monitor emerging issues, assess the reach and authenticity of online discussions, and respond to potential reputational or information-security risks.