Sohu.com Limited (NASDAQ:SOHU - Get Free Report) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 236,300 shares, a decrease of 12.6% from the December 31st total of 270,300 shares. Approximately 0.7% of the company's shares are short sold. Based on an average daily trading volume, of 74,700 shares, the short-interest ratio is presently 3.2 days.
Institutional Investors Weigh In On Sohu.com
Several hedge funds have recently bought and sold shares of SOHU. FMR LLC bought a new stake in shares of Sohu.com during the third quarter worth $3,774,000. Connor Clark & Lunn Investment Management Ltd. increased its position in shares of Sohu.com by 166.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 184,642 shares of the information services provider's stock worth $2,908,000 after acquiring an additional 115,407 shares in the last quarter. Bank of Montreal Can bought a new stake in shares of Sohu.com during the third quarter worth $2,357,000. Public Employees Retirement System of Ohio bought a new stake in shares of Sohu.com during the third quarter worth $1,350,000. Finally, E Fund Management Hong Kong Co. Ltd. increased its position in shares of Sohu.com by 129.7% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 45,559 shares of the information services provider's stock worth $600,000 after acquiring an additional 25,721 shares in the last quarter. 33.02% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Sohu.com from a "hold" rating to a "buy" rating in a report on Wednesday, November 13th.
View Our Latest Stock Analysis on Sohu.com
Sohu.com Price Performance
SOHU traded up $0.25 during mid-day trading on Wednesday, hitting $13.07. The stock had a trading volume of 27,112 shares, compared to its average volume of 47,232. The stock's fifty day simple moving average is $13.06 and its 200-day simple moving average is $14.14. The firm has a market capitalization of $422.94 million, a price-to-earnings ratio of -4.63 and a beta of 1.13. Sohu.com has a 1-year low of $8.79 and a 1-year high of $17.24.
Sohu.com (NASDAQ:SOHU - Get Free Report) last posted its earnings results on Tuesday, November 12th. The information services provider reported ($0.39) earnings per share for the quarter. The firm had revenue of $151.99 million during the quarter. Sohu.com had a negative return on equity of 7.67% and a negative net margin of 15.14%.
Sohu.com Company Profile
(
Get Free Report)
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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