Veritone Inc (NASDAQ:VERI) Sellers Reduced Their Shorts By 3.22%

June 27, 2018 - By Heather Owens

It was registered a decrease on Veritone Inc (NASDAQ:VERI)’s short interest with 3.22%. FINRA published short interest of VERI’s total 1.33M shares. The 1.37 million previous shares are down with 3.22%. Veritone Inc (NASDAQ:VERI) has 218,700 shares average volume. It’ll cost 6 days for VERI to restore its previous position. 21.17% is Veritone Inc float short.

The stock decreased 0.39% or $0.07 during the last trading session, hitting $17.66.Veritone, Inc. has volume of 101,479 shares. Since June 27, 2017 VERI has risen 41.00% and is uptrending. VERI outperformed the S&P 500 by 28.43%.

Veritone, Inc., a cloud-based cognitive software company, develops a proprietary artificial intelligence platform for various markets in the United States and internationally.The company has $318.70 million market cap. The Company’s cloud open platform integrates and orchestrates an ecosystem of cognitive engines to reveal multivariate insights from various amounts of audio, video, and structured data; and incorporates proprietary technology to manage and integrate a range of AI processes to mimic human cognitive functions comprising perception, reasoning, prediction, and problem solving to transform unstructured data into structured data.Last it reported negative earnings. The firm offers media agency services, including media planning and strategy, media buying and placement, campaign messaging, clearance verification and attribution, and custom analytics to manage, deliver, optimize, verify, and quantify advertising campaigns and content distribution for various clients across multiple channels comprising broadcast radio, satellite audio, streaming audio, broadcast and cable television, digital video, and podcasting.

For more Veritone, Inc. (NASDAQ:VERI) news released recently go to: Businesswire.com, Streetinsider.com, Seekingalpha.com, Streetinsider.com or Globenewswire.com. The titles are as follows: “Veritone, Inc. Announces Closing of Public Offering of Common Stock” released on June 26, 2018, “Veritone, Inc. (VERI) Announces Proposed Common Share Offering” on June 20, 2018, “Veritone: Still Going Nowhere” with a publish date: June 25, 2018, “Pre-Open Movers 06/21: (CASI) (HRTX) (DRI) (KR) Higher; (VERI) (LMNR) (AOBC) Lower (more…)” and the last “Veritone, Inc. Prices Public Offering of Common Stock” with publication date: June 21, 2018.

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