BuzzFeed, Inc. (NASDAQ:BZFDW) Short Interest Down 28.5% in January

BuzzFeed, Inc. (NASDAQ:BZFDW) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 8,022 shares, a decrease of 28.5% from the December 31st total of 11,218 shares. Based on an average daily volume of 21,365 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 21,365 shares, the short-interest ratio is presently 0.4 days.

BuzzFeed Price Performance

Shares of BZFDW traded up $0.00 during mid-day trading on Friday, hitting $0.02. 8,953 shares of the company’s stock were exchanged, compared to its average volume of 30,228. BuzzFeed has a fifty-two week low of $0.01 and a fifty-two week high of $0.16. The business’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.05.

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.