BuzzFeed, Inc. (NASDAQ:BZFDW – Get Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 21,567 shares, an increase of 238.0% from the June 30th total of 6,380 shares. Based on an average trading volume of 24,413 shares, the days-to-cover ratio is currently 0.9 days.
BuzzFeed Trading Down 1.6%
NASDAQ:BZFDW traded down $0.00 during trading hours on Friday, reaching $0.02. The company had a trading volume of 10,492 shares, compared to its average volume of 57,090. BuzzFeed has a twelve month low of $0.01 and a twelve month high of $0.11. The business’s 50-day simple moving average is $0.03 and its two-hundred day simple moving average is $0.02.
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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