Vimeo, Inc. (NASDAQ:VMEO) Sees Significant Increase in Short Interest – ETF Daily News

Posted by MarketBeat News on May 18th, 2022 Vimeo, Inc. (NASDAQ:VMEO – Get Rating) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 5,880,000 shares, a growth of 21.5% from the April 15th total of 4,840,000 shares. Currently, 4.1% of the company’s shares are sold short. Based on an average trading volume of 2,160,000 shares, the short-interest ratio is currently 2.7 days. Shares of VMEO stock opened at $9.06 on Wednesday. Vimeo has a 52 week low of $7.68 and a 52 week high of $58.00. The company has a market capitalization of $1.51 billion and a price-to-earnings ratio of -17.94. The company has a 50-day simple moving average of $11.00 and a 200 day simple moving average of $15.02. Several hedge funds and other institutional investors have recently added to or reduced their stakes in VMEO. Vanguard Group Inc. boosted its position in Vimeo by 2.3% during the first quarter. Vanguard Group Inc. now owns 12,925,822 shares of the company’s stock valued at $153,558,000 after purchasing an additional 291,050 shares in the last quarter. Southeastern Asset Management Inc. TN raised its stake in shares…
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