Short Interest in Sohu.com Limited (NASDAQ:SOHU) Increases By 50.6%

Sohu.com Limited (NASDAQ:SOHU - Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 394,400 shares, an increase of 50.6% from the September 30th total of 261,900 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 93,200 shares, the days-to-cover ratio is currently 4.2 days.

Sohu.com Trading Up 0.7 %

SOHU stock traded up $0.10 during trading hours on Monday, hitting $13.89. 80,499 shares of the stock were exchanged, compared to its average volume of 66,538. Sohu.com has a 12 month low of $7.80 and a 12 month high of $17.24. The firm has a market capitalization of $459.05 million, a P/E ratio of -12.40 and a beta of 1.18. The company has a 50-day simple moving average of $15.30 and a two-hundred day simple moving average of $13.90.

Sohu.com (NASDAQ:SOHU - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The information services provider reported ($1.04) EPS for the quarter. Sohu.com had a negative return on equity of 7.34% and a negative net margin of 9.00%. The business had revenue of $172.33 million for the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Sohu.com from a "buy" rating to a "hold" rating in a research report on Tuesday, August 6th.

Hedge Funds Weigh In On Sohu.com

Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its position in Sohu.com by 46.5% during the first quarter. BNP Paribas Financial Markets now owns 3,152 shares of the information services provider's stock worth $33,000 after purchasing an additional 1,000 shares during the period. Headlands Technologies LLC bought a new stake in shares of Sohu.com during the 2nd quarter worth approximately $36,000. Blue Trust Inc. boosted its position in shares of Sohu.com by 1,973.0% during the 2nd quarter. Blue Trust Inc. now owns 4,063 shares of the information services provider's stock worth $57,000 after acquiring an additional 3,867 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. bought a new position in Sohu.com in the third quarter valued at approximately $312,000. Finally, Russell Investments Group Ltd. raised its position in Sohu.com by 31.1% during the first quarter. Russell Investments Group Ltd. now owns 31,074 shares of the information services provider's stock valued at $328,000 after purchasing an additional 7,363 shares in the last quarter. Institutional investors own 33.02% of the company's stock.

Sohu.com Company Profile

Sohu.com Limited engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China. It operates through two segments: Sohu and Changyou. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, as well as ifox, a video application for PC.

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