Short Interest in Sohu.com Limited (NASDAQ:SOHU) Drops By 21.7%

Sohu.com Limited (NASDAQ:SOHU - Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 106,800 shares, a decrease of 21.7% from the March 15th total of 136,400 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 71,500 shares, the days-to-cover ratio is presently 1.5 days.

Sohu.com Price Performance

NASDAQ SOHU traded up $0.45 on Thursday, hitting $9.58. 148,033 shares of the company's stock were exchanged, compared to its average volume of 83,947. The firm has a market cap of $309.94 million, a price-to-earnings ratio of -3.06 and a beta of 0.87. The firm's 50-day moving average price is $12.30 and its two-hundred day moving average price is $13.08. Sohu.com has a fifty-two week low of $7.79 and a fifty-two week high of $17.24.

Sohu.com (NASDAQ:SOHU - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The information services provider reported ($0.50) earnings per share for the quarter. Sohu.com had a negative return on equity of 8.49% and a negative net margin of 16.76%. The company had revenue of $134.68 million for the quarter. During the same quarter in the previous year, the business posted ($0.37) earnings per share.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Sohu.com from a "buy" rating to a "hold" rating in a research report on Tuesday, April 1st.

Institutional Trading of Sohu.com

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MASO CAPITAL PARTNERS Ltd raised its position in shares of Sohu.com by 2.1% in the 4th quarter. MASO CAPITAL PARTNERS Ltd now owns 906,256 shares of the information services provider's stock worth $11,944,000 after buying an additional 18,474 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Sohu.com by 63.2% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,388 shares of the information services provider's stock worth $3,972,000 after purchasing an additional 116,746 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Sohu.com by 36.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 267,044 shares of the information services provider's stock worth $3,520,000 after purchasing an additional 71,259 shares in the last quarter. D. E. Shaw & Co. Inc. raised its holdings in Sohu.com by 11.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 159,628 shares of the information services provider's stock valued at $2,104,000 after buying an additional 16,449 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its position in Sohu.com by 12.1% during the fourth quarter. Public Employees Retirement System of Ohio now owns 96,096 shares of the information services provider's stock valued at $1,267,000 after buying an additional 10,400 shares in the last quarter. Hedge funds and other institutional investors own 33.02% of the company's stock.

About Sohu.com

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.