Atlanta Braves Holdings, Inc. (NASDAQ:BATRK - Get Free Report) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 1,920,000 shares, a decline of 8.1% from the November 30th total of 2,090,000 shares. Based on an average daily trading volume, of 313,500 shares, the days-to-cover ratio is presently 6.1 days. Currently, 5.2% of the shares of the company are short sold.
Institutional Investors Weigh In On Atlanta Braves
A number of institutional investors have recently bought and sold shares of the business. Quent Capital LLC boosted its stake in Atlanta Braves by 568.4% in the 3rd quarter. Quent Capital LLC now owns 1,651 shares of the financial services provider's stock worth $66,000 after purchasing an additional 1,404 shares during the period. Hahn Capital Management LLC boosted its position in shares of Atlanta Braves by 33.7% during the second quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider's stock worth $77,000 after acquiring an additional 495 shares during the last quarter. nVerses Capital LLC purchased a new position in Atlanta Braves during the second quarter valued at $95,000. Quest Partners LLC increased its holdings in Atlanta Braves by 28,820.0% in the 3rd quarter. Quest Partners LLC now owns 4,338 shares of the financial services provider's stock valued at $173,000 after acquiring an additional 4,323 shares during the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in Atlanta Braves in the 3rd quarter worth $205,000. Hedge funds and other institutional investors own 64.88% of the company's stock.
Atlanta Braves Stock Performance
Shares of NASDAQ BATRK traded up $0.44 during trading on Tuesday, hitting $38.26. The company had a trading volume of 374,694 shares, compared to its average volume of 234,515. Atlanta Braves has a 12 month low of $36.74 and a 12 month high of $44.42. The firm has a market capitalization of $1.95 billion, a P/E ratio of -52.41 and a beta of 0.68. The stock has a 50 day simple moving average of $39.85 and a 200 day simple moving average of $40.68.
Atlanta Braves Company Profile
(
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Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.
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