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Live Ventures leads new media short interest decliners in early January

Live Ventures Inc. posted the largest decrease in short interest relative to shares outstanding among SNL-covered new media companies between Dec. 30, 2016, and Jan. 13.

The percentage of the company's shares held short relative to shares outstanding declined 101 basis points to 2.96% as of Jan. 13.

Match Group Inc had the largest rise in short interest relative to shares outstanding among SNL-covered new media companies between Dec. 30, 2016, and Jan. 13. The percentage of the company's shares held short relative to shares outstanding climbed 137 basis points to 23.92% as of Jan. 13.

Pandora Media Inc. topped the list of most shorted new media companies during the period. The company saw short interest grow 52 basis points to 26.59% of shares outstanding.

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