BuzzFeed, Inc. (NASDAQ:BZFDW – Get Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 3,736 shares, a decrease of 53.4% from the January 15th total of 8,022 shares. Based on an average daily trading volume, of 27,068 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 27,068 shares, the short-interest ratio is presently 0.1 days.
BuzzFeed Trading Up 13.5%
Shares of BuzzFeed stock opened at $0.02 on Friday. BuzzFeed has a 52-week low of $0.01 and a 52-week high of $0.16. The company has a 50 day moving average of $0.02 and a 200 day moving average of $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.
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