Pinterest's Trading Volume Surges to $270 Million, Ranked 307th Despite Stock Price Decline

Generated by AI AgentAinvest Market Brief
Friday, Mar 28, 2025 7:33 pm ET1min read

On March 28, 2025, Pinterest's trading volume reached $270 million, marking a 49.55% increase from the previous day. This surge placed

at the 307th position in terms of trading volume for the day. However, the stock price of Pinterest (PINS) has been on a downward trend, falling by 2.39% and marking its third consecutive day of decline, with a total decrease of 9.13% over the past three days.

Pinterest recently released a report in collaboration with

, focusing on the impact of positivity on social media platforms and the broader benefits it can bring. The report underscores the significant influence that positive experiences can have on advertising effectiveness, highlighting the potential for enhanced user engagement and response rates.

Pinterest's short interest stands at 24.39 million shares, which represents 3.87% of the float. This metric indicates the number of shares that have been sold short and are available for trading by the public, providing insights into market sentiment and potential volatility.

Benjamin Silbermann, a director at Pinterest, recently sold shares worth $3.44 million. The transactions were executed at prices ranging from $33.6118 to $34.3854 per share. Despite these sales, the company remains valued at $21.89 billion, reflecting its continued market presence and investor confidence.

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