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Pandora leads new media short interest decliners in late September

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Pandora leads new media short interest decliners in late September

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.

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