BuzzFeed, Inc. (NASDAQ:BZFDW – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 3,980 shares, a drop of 84.7% from the May 14th total of 26,020 shares. Based on an average daily volume of 109,575 shares, the days-to-cover ratio is currently 0.0 days.
BuzzFeed Stock Down 4.4%
Shares of NASDAQ BZFDW traded down $0.00 during mid-day trading on Thursday, hitting $0.03. The company’s stock had a trading volume of 7,660 shares, compared to its average volume of 69,829. BuzzFeed has a one year low of $0.01 and a one year high of $0.16. The company’s fifty day simple moving average is $0.02 and its 200-day simple moving average is $0.02.
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.
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