Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. Many of these sites have changed the world in terms of how we meet people, read the news, get jobs and even date. These companies are on the cutting edge of social trends and are a good beacon to look toward for change.
The January 13 short interest data have been compared with the previous report. Short interest moves in these selected social media stocks were mixed for this settlement date.
Facebook Inc. (NASDAQ: FB) had a short interest increase to 21.15 million shares from the previous 18.84 million. Shares were last seen at $131.48, within a 52-week trading range of $96.82 to $133.50.
The number of Twitter Inc. (NYSE: TWTR) shares short decreased to 44.04 million from the previous level of 45.17 million. Shares recently closed at $16.73, in a 52-week range of $13.73 to $25.25.
In the period, Match Group Inc. (NASDAQ: MTCH) saw its short interest increase to 10.68 million shares from the 10.07 million in the previous period. Shares last closed at $18.26, in a 52-week range of $8.41 to $19.74.
Short interest in Yelp Inc. (NYSE: YELP) decreased to 5.86 million shares. The previous reading was 6.10 million. Shares recently closed at $42.53, in a 52-week range of $14.53 to $43.36.
In addition, check out the most shorted Nasdaq stocks, which included Sirius XM, Intel and Yahoo.
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