BuzzFeed, Inc. (NASDAQ:BZFDW) Sees Large Increase in Short Interest

BuzzFeed, Inc. (NASDAQ:BZFDW) was the recipient of a significant growth in short interest during 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 short-interest ratio is presently 0.3 days. Based on an average daily volume of 32,665 shares, the short-interest ratio is presently 0.3 days.

BuzzFeed Stock Up 4.3%

Shares of BZFDW traded up $0.00 during mid-day trading on Monday, reaching $0.02. The company had a trading volume of 109,098 shares, compared to its average volume of 32,716. BuzzFeed has a fifty-two week low of $0.01 and a fifty-two week high of $0.17. The firm has a fifty day simple moving average of $0.03 and a 200-day simple moving average of $0.06.

About BuzzFeed

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.