Short Interest in BuzzFeed, Inc. (NASDAQ:BZFDW) Increases By 310.9%

BuzzFeed, Inc. (NASDAQ:BZFDW) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 26,020 shares, a growth of 310.9% from the April 30th total of 6,333 shares. Based on an average trading volume of 311,987 shares, the days-to-cover ratio is currently 0.1 days.

BuzzFeed Price Performance

Shares of NASDAQ BZFDW traded down $0.00 during mid-day trading on Friday, reaching $0.03. 51,403 shares of the company traded hands, compared to its average volume of 73,628. BuzzFeed has a fifty-two week low of $0.01 and a fifty-two week high of $0.16. The stock has a fifty day simple moving average of $0.02 and a 200-day simple moving average of $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.