Pandora Media Inc. saw the largest decrease in short interest relative to shares outstanding among Kagan-covered new media companies between Sept. 15 and Sept. 29.
The company saw short interest drop 436 basis points to 28.27% of shares outstanding at the end of the period.
Match Group Inc posted the biggest rise in short interest relative to shares outstanding among Kagan-covered new media companies between Sept. 15 and Sept. 29. The company saw short interest increase 364 basis points to 32.52% of shares outstanding at the end of the period.
Match Group also topped the list of most shorted new media companies during the period.
Kagan is a research group within S&P Global Market Intelligence.
