Sohu.com Limited (NASDAQ:SOHU - Get Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 136,000 shares, an increase of 21.6% from the March 15th total of 111,800 shares. Based on an average daily volume of 48,700 shares, the short-interest ratio is currently 2.8 days. Approximately 0.4% of the company's shares are short sold.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded Sohu.com from a "buy" rating to a "hold" rating in a report on Friday, March 8th.
Check Out Our Latest Research Report on SOHU
Sohu.com Stock Performance
Shares of Sohu.com stock traded down $0.13 during midday trading on Friday, reaching $11.43. 37,894 shares of the company's stock traded hands, compared to its average volume of 34,307. The company has a market cap of $377.76 million, a PE ratio of -12.84 and a beta of 1.37. The stock has a 50 day moving average of $10.05 and a 200-day moving average of $9.46. Sohu.com has a 12 month low of $7.80 and a 12 month high of $14.42.
Sohu.com (NASDAQ:SOHU - Get Free Report) last announced its earnings results on Monday, March 4th. The information services provider reported ($0.29) earnings per share for the quarter, beating analysts' consensus estimates of ($0.42) by $0.13. Sohu.com had a negative net margin of 5.06% and a negative return on equity of 4.88%. The firm had revenue of $141.36 million for the quarter, compared to analyst estimates of $159.62 million. On average, equities analysts anticipate that Sohu.com will post -1.21 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in SOHU. Tower Research Capital LLC TRC bought a new stake in shares of Sohu.com during the first quarter valued at approximately $30,000. Osaic Holdings Inc. boosted its holdings in shares of Sohu.com by 15,023.8% during the 2nd quarter. Osaic Holdings Inc. now owns 3,176 shares of the information services provider's stock valued at $35,000 after buying an additional 3,155 shares in the last quarter. Athos Capital Ltd purchased a new stake in shares of Sohu.com in the 4th quarter worth about $71,000. Barclays PLC increased its stake in shares of Sohu.com by 117,363.6% in the 4th quarter. Barclays PLC now owns 12,921 shares of the information services provider's stock worth $177,000 after acquiring an additional 12,910 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in Sohu.com during the 4th quarter valued at about $191,000. Hedge funds and other institutional investors own 33.02% of the company's stock.
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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