Vivid Seats Inc. (NASDAQ:SEATW) Short Interest Update

Vivid Seats Inc. (NASDAQ:SEATW) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 11,571 shares, a decrease of 48.8% from the May 31st total of 22,608 shares. Based on an average trading volume of 1,001 shares, the days-to-cover ratio is currently 11.6 days.

Vivid Seats Stock Performance

Shares of SEATW stock opened at $0.04 on Tuesday. Vivid Seats has a 12-month low of $0.03 and a 12-month high of $0.20. The firm has a 50 day moving average price of $0.06 and a two-hundred day moving average price of $0.06.

Vivid Seats (NASDAQ:SEATW) last posted its earnings results on Tuesday, May 5th. The company reported ($1.35) EPS for the quarter, missing the consensus estimate of ($1.05) by ($0.30). The firm had revenue of $125.78 million during the quarter, compared to the consensus estimate of $124.55 million.

Vivid Seats Company Profile

Vivid Seats (NASDAQ:SEATW) operates a digital marketplace that connects fans with tickets to live events across sports, concerts and theater. Through its website and mobile applications, the company enables consumers to browse and purchase tickets from a broad inventory sourced from individual sellers, professional brokers and venue allocations. By offering a user-friendly interface and real-time seat maps, Vivid Seats aims to simplify the process of securing tickets to high-demand events in North America.

The platform provides a range of services designed to enhance the ticket-buying experience.