Cyabra, Inc. (NASDAQ:CYAB) Stock Short Interest Rises 2,457.2%

Cyabra, Inc. (NASDAQ:CYAB) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,550,919 shares, an increase of 2,457.2% from the September 15th total of 60,649 shares. Based on an average trading volume of 16,501,504 shares, the short-interest ratio is presently 0.1 days. Currently, 10.7% of the company’s stock are short sold.

Cyabra Price Performance

Shares of NASDAQ:CYAB opened at $0.18 on Friday. The company has a market capitalization of $3.26 million, a PE ratio of -0.06 and a beta of 0.61. Cyabra has a 1 year low of $0.17 and a 1 year high of $6.20. The stock has a fifty day simple moving average of $0.30.

Cyabra (NASDAQ:CYAB) last posted its earnings results 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, equities analysts anticipate that Cyabra will post -0.43 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on CYAB shares. Maxim Group initiated coverage on Cyabra in a research note on Thursday, July 23rd. They issued a “buy” rating and a $1.00 target price on the stock. Weiss Ratings upgraded Cyabra from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, September 1st. ThinkEquity assumed coverage on Cyabra in a research note on Monday, September 21st. They issued a “buy” rating for the company. Finally, Zacks Research upgraded Cyabra to a “hold” rating in a report on Friday, July 24th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $1.00.

Cyabra Company Profile

Cyabra Ltd. is an Israeli technology company that develops artificial intelligence-powered social media intelligence and analytics solutions. Its platform is designed to help organizations identify inauthentic online activity, including bots, fake accounts, coordinated campaigns and other forms of manipulated engagement across digital platforms.

The company’s products analyze online conversations, audiences and narratives to help customers assess the authenticity and influence of information circulating on social media.