Now that the 60 days of the quiet period is over, one can expect some news on Vinco Ventures’ spin-off business Cryptyde Inc pretty soon. Investors of Vinco Ventures (Nasdaq: BBIG) were excited to see references of Cryptyde popping up on Fintel. Fintel® a popular advanced research tools provider, tracks over 9500 funds and over 63,000 securities traded worldwide. They shared their joy on Social media platforms.

https://twitter.com/Aaron_529/status/1479501920737927169

One avid investor even pointed out the wrong date/year on the Fintel page – indicating that it could be a ‘placeholder’ page.

There have been a lot of developments since the the SEC filing on November 11th 2021. Employees of Cryptyde Inc have been updating their Linked-in profiles sharing their new job titles. Cryptyde currently has 4 employees – Brian McFadden – President; Sheldon Swift – Chief Product Officer; Sheamia S – Chief of Staff and Aimee Caroll – Investor Relations.

Director Corporate Communications of popular news agency Benzenga tweeted that Vinco Venture’s CEO will be doing an interview with them shortly – although no date has been confirmed.

Cryptyde’s website now has a landing page and has been asking visitors to subscribe to its email list to get first-hand information when the site launches.

The Numbers

Vinco Ventures (BBIG) closed at $2.31 on Friday with an extremely low volume of just over 6.87 million. Utilization is over 99% with average cost to borrow at 25% and 25000 shares available to borrow. Exchange reported short interest sits at 30.38 million (24.61% of free float) as of December 15th 2021.

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