BuzzFeed, Inc. (NASDAQ:BZFDW – Get Free Report) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 26,020 shares, an increase of 310.9% from the April 30th total of 6,333 shares. Based on an average daily trading volume, of 311,987 shares, the days-to-cover ratio is presently 0.1 days.
BuzzFeed Price Performance
BZFDW opened at $0.03 on Friday. The company’s 50 day moving average is $0.02 and its 200 day moving average is $0.02. BuzzFeed has a 12-month low of $0.01 and a 12-month high of $0.16.
BuzzFeed Company Profile
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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