BuzzFeed, Inc. (NASDAQ:BZFDW) Short Interest Update

by · The Cerbat Gem

BuzzFeed, Inc. (NASDAQ:BZFDW – Get Free Report) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 11,218 shares, a growth of 957.3% from the December 15th total of 1,061 shares. Based on an average daily volume of 32,665 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 32,665 shares, the days-to-cover ratio is currently 0.3 days.

BuzzFeed Trading Up 4.3%

NASDAQ BZFDW traded up $0.00 during mid-day trading on Monday, hitting $0.02. The company’s stock had a trading volume of 109,098 shares, compared to its average volume of 32,716. BuzzFeed has a 52-week low of $0.01 and a 52-week high of $0.17. The stock’s fifty day simple moving average is $0.03 and its two-hundred day simple moving average is $0.06.

BuzzFeed Company Profile

(Get Free Report)

BuzzFeed, Inc is a global digital media and entertainment company founded in 2006 by Jonah Peretti and John S. Johnson III. The firm operates a diversified portfolio of content channels that span news, pop culture, lifestyle, and social video. Through its flagship website and mobile applications, BuzzFeed reaches audiences with a blend of editorially driven journalism, user-generated content formats, and viral quizzes.

The company’s offerings encompass several branded divisions including BuzzFeed News, which delivers investigative journalism and breaking news; Tasty, a food and recipe network; and various entertainment franchises such as original video series and personality-driven channels.

See Also