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Overstock.com leads new media short interest gainers

Overstock.com Inc. had the biggest rise in short interest relative to shares outstanding among Kagan-covered new media companies between Nov. 15 and Nov. 30.

The company saw short interest rise 604 basis points to 29.24% of shares outstanding at the end of the period.

Pandora Media Inc. had the largest decrease in short interest relative to shares outstanding among Kagan-covered new media companies. The company saw short interest fall 232 basis points to 28.16% of shares outstanding at the end of the period.

Roku Inc. topped the list of most shorted new media companies between Nov. 15 and Nov. 30. The company saw short interest climb 260 basis points to 42.52% of shares outstanding.

Kagan is a media research group within S&P Global Market Intelligence.

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