Vinco Ventures, Inc. (NASDAQ:BBIG) shares are trading higher on Thursday. The stock appears to be moving on continued upward momentum.
What To Know:
Vinco Ventures shares are up by more than 20% on heavy trading volume. According to Benzinga Pro, more than 9.5 million shares have been traded in the session, compared to the BBIG 100-day average of 1.934 million shares.
Shares of BBIG are up by more than 75% in the last five sessions and up by more than 240% over the last month.
BBIG has garnered the attention of short sellers with 16.22% of available being sold short, according to data from Benzinga Pro.
Vinco Ventures, Inc. is a digital media and content technology company which aims to advance both product and people brand recognition through digital marketing and technology platforms. Vinco Ventures has an 80% ownership interest in Lomotif Private Limited (Lomotif), which offers a video-sharing social networking platform committed to democratizing video creation.
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BBIG Price Action: According to Benzinga Pro, BBIG shares are trading 7.47% higher at $4.17 at the time of publication.
Image: PhotoMIX-Company from Pixabay
