Sohu.com Limited (NASDAQ:SOHU - Get Free Report) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 306,100 shares, a decline of 20.7% from the October 31st total of 386,000 shares. Based on an average daily volume of 97,500 shares, the short-interest ratio is currently 3.1 days. Currently, 0.9% of the company's stock are short sold.
Sohu.com Stock Down 0.3 %
Shares of NASDAQ:SOHU traded down $0.04 during midday trading on Friday, reaching $13.01. The company's stock had a trading volume of 38,452 shares, compared to its average volume of 70,041. The stock has a fifty day moving average of $14.28 and a 200 day moving average of $14.18. The firm has a market capitalization of $420.91 million, a PE ratio of -4.63 and a beta of 1.19. Sohu.com has a twelve month low of $7.80 and a twelve month high of $17.24.
Institutional Investors Weigh In On Sohu.com
Several institutional investors and hedge funds have recently added to or reduced their stakes in SOHU. Headlands Technologies LLC purchased a new position in Sohu.com during the second quarter worth about $36,000. Blue Trust Inc. increased its holdings 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 buying an additional 3,867 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Sohu.com by 75.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider's stock valued at $87,000 after buying an additional 2,367 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new position in Sohu.com in the third quarter valued at approximately $312,000. Finally, State Street Corp grew its position in Sohu.com by 17.9% in the third quarter. State Street Corp now owns 44,206 shares of the information services provider's stock worth $696,000 after acquiring an additional 6,715 shares during the period. Institutional investors and hedge funds own 33.02% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Sohu.com from a "hold" rating to a "buy" rating in a research report on Wednesday, November 13th.
Read Our Latest Research Report on SOHU
About Sohu.com
(
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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