Vivid Seats Inc. (NASDAQ:SEATW) Sees Large Growth in Short Interest

Vivid Seats Inc. (NASDAQ:SEATW – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 4,729 shares, a growth of 65.6% from the September 30th total of 2,855 shares. Based on an average daily volume of 325,828 shares, the days-to-cover ratio is presently 0.0 days.

Vivid Seats Stock Performance

Shares of SEATW stock opened at $0.02 on Tuesday. The business’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.04. Vivid Seats has a 12-month low of $0.00 and a 12-month high of $0.11.

Vivid Seats Company Profile

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Vivid Seats Inc operates an online marketplace that connects buyers with sellers of tickets to live entertainment events. Its platform offers tickets for sports, concerts, theater productions, comedy shows and other events, with inventory provided by professional sellers and other ticket providers.

Founded in 2001 and headquartered in Chicago, Vivid Seats serves customers primarily in the United States and Canada. In addition to its ticket marketplace, the company offers Vivid Picks, a mobile sports gaming product that allows users to participate in sports-related contests where available.

Vivid Seats became a publicly traded company in 2021 through a business combination with Horizon Acquisition Corp.

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