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. A lot 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 towards for change.
The February 29 short interest data have been compared with the previous report, and short interest was mixed in these selected social media stocks for this settlement date.
Facebook Inc. (NASDAQ: FB) had its short interest decrease to 25.64 million shares from the previous 28.48 million. Shares closed most recently at $107.51, within a 52-week trading range of $72.00 to $117.59.
Twitter Inc. (NYSE: TWTR) saw its short interest decrease to 47.71 million shares from the previous level of 50.25 million. Shares closed most recently at $17.66, in a 52-week trading range of $13.91 to $53.49.
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