What's Going On With Vinco Ventures (BBIG) Stock Today?

Benzinga ·  Jul 28, 2023 02:30

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

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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