Sohu.com Limited (NASDAQ:SOHU - Get Free Report) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 136,400 shares, a decline of 17.7% from the February 28th total of 165,700 shares. Approximately 0.5% of the company's shares are short sold. Based on an average trading volume of 59,700 shares, the days-to-cover ratio is currently 2.3 days.
Sohu.com Trading Down 9.0 %
Shares of SOHU traded down $1.14 on Friday, reaching $11.49. 153,439 shares of the company's stock were exchanged, compared to its average volume of 72,518. The business has a 50 day moving average price of $13.61 and a two-hundred day moving average price of $13.74. Sohu.com has a 12 month low of $10.70 and a 12 month high of $17.24. The stock has a market capitalization of $371.74 million, a P/E ratio of -3.67 and a beta of 0.87.
Sohu.com (NASDAQ:SOHU - Get Free Report) last issued its earnings results on Tuesday, February 18th. The information services provider reported ($0.50) EPS for the quarter. Sohu.com had a negative net margin of 16.76% and a negative return on equity of 8.49%. The business had revenue of $134.68 million for the quarter. During the same period last year, the firm earned ($0.37) EPS.
Hedge Funds Weigh In On Sohu.com
Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets raised its position in shares of Sohu.com by 75.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider's stock valued at $87,000 after acquiring an additional 2,367 shares during the period. Seldon Capital LP bought a new position in shares of Sohu.com during the fourth quarter worth $132,000. Two Sigma Advisers LP acquired a new position in shares of Sohu.com in the 4th quarter valued at $134,000. Vontobel Holding Ltd. bought a new stake in shares of Sohu.com in the 4th quarter valued at $144,000. Finally, Man Group plc acquired a new stake in Sohu.com during the 4th quarter worth $166,000. Institutional investors and hedge funds own 33.02% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut Sohu.com from a "buy" rating to a "hold" rating in a report on Tuesday.
View Our Latest Report on SOHU
About Sohu.com
(
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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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