BuzzFeed, Inc. (NASDAQ:BZFDW – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 66,428 shares, a growth of 208.0% from the July 15th total of 21,567 shares. Based on an average daily volume of 15,859 shares, the days-to-cover ratio is currently 4.2 days.
BuzzFeed Stock Up 6.1%
Shares of BuzzFeed stock traded up $0.00 on Friday, hitting $0.02. The stock had a trading volume of 233 shares, compared to its average volume of 52,970. BuzzFeed has a one year low of $0.01 and a one year high of $0.08. The stock’s 50-day simple moving average is $0.02 and its two-hundred 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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