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AAPL   142.48 (-4.91%)
MSFT   237.50 (-1.48%)
META   136.41 (-3.67%)
GOOGL   97.42 (-2.63%)
AMZN   114.80 (-2.72%)
TSLA   268.21 (-6.81%)
NVDA   122.20 (-4.05%)
NIO   15.58 (-10.10%)
BABA   79.06 (-2.38%)
AMD   64.14 (-6.17%)
T   15.53 (-1.90%)
MU   50.01 (-1.94%)
CGC   2.78 (-8.55%)
F   11.47 (-5.83%)
GE   62.73 (-2.68%)
DIS   97.45 (-1.96%)
AMC   7.10 (-7.43%)
PYPL   88.70 (-2.66%)
PFE   44.16 (-0.61%)
NFLX   239.71 (-2.24%)
QQQ   271.87 (-2.88%)
AAPL   142.48 (-4.91%)
MSFT   237.50 (-1.48%)
META   136.41 (-3.67%)
GOOGL   97.42 (-2.63%)
AMZN   114.80 (-2.72%)
TSLA   268.21 (-6.81%)
NVDA   122.20 (-4.05%)
NIO   15.58 (-10.10%)
BABA   79.06 (-2.38%)
AMD   64.14 (-6.17%)
T   15.53 (-1.90%)
MU   50.01 (-1.94%)
CGC   2.78 (-8.55%)
F   11.47 (-5.83%)
GE   62.73 (-2.68%)
DIS   97.45 (-1.96%)
AMC   7.10 (-7.43%)
PYPL   88.70 (-2.66%)
PFE   44.16 (-0.61%)
NFLX   239.71 (-2.24%)
QQQ   271.87 (-2.88%)
AAPL   142.48 (-4.91%)
MSFT   237.50 (-1.48%)
META   136.41 (-3.67%)
GOOGL   97.42 (-2.63%)
AMZN   114.80 (-2.72%)
TSLA   268.21 (-6.81%)
NVDA   122.20 (-4.05%)
NIO   15.58 (-10.10%)
BABA   79.06 (-2.38%)
AMD   64.14 (-6.17%)
T   15.53 (-1.90%)
MU   50.01 (-1.94%)
CGC   2.78 (-8.55%)
F   11.47 (-5.83%)
GE   62.73 (-2.68%)
DIS   97.45 (-1.96%)
AMC   7.10 (-7.43%)
PYPL   88.70 (-2.66%)
PFE   44.16 (-0.61%)
NFLX   239.71 (-2.24%)

Sea Limited (NYSE:SE) Short Interest Up 30.6% in August

Sea Limited (NYSE:SE - Get Rating) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 24,220,000 shares, a growth of 30.6% from the August 15th total of 18,540,000 shares. Based on an average daily volume of 6,230,000 shares, the short-interest ratio is presently 3.9 days.

Institutional Trading of SEA

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Truvestments Capital LLC bought a new stake in SEA in the second quarter valued at approximately $29,000. Allworth Financial LP bought a new position in shares of SEA during the 1st quarter worth approximately $30,000. Total Clarity Wealth Management Inc. bought a new position in shares of SEA during the 2nd quarter worth approximately $30,000. SeaCrest Wealth Management LLC bought a new position in shares of SEA during the 2nd quarter worth approximately $34,000. Finally, San Luis Wealth Advisors LLC bought a new position in shares of SEA during the 1st quarter worth approximately $45,000. 71.15% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SE. Cowen decreased their target price on shares of SEA from $133.00 to $115.00 in a research note on Wednesday, May 18th. Bank of America decreased their target price on shares of SEA from $115.00 to $105.00 in a research note on Wednesday, August 17th. Daiwa Capital Markets cut shares of SEA from a "buy" rating to a "neutral" rating in a research note on Wednesday, August 17th. Citigroup decreased their target price on shares of SEA from $145.00 to $129.00 and set a "buy" rating for the company in a research note on Wednesday, August 17th. Finally, Stifel Nicolaus decreased their target price on shares of SEA from $105.00 to $95.00 and set a "buy" rating for the company in a research note on Wednesday, August 17th. Three research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $184.25.

SEA Price Performance


NYSE SE traded down $2.11 during trading on Thursday, hitting $60.77. 4,846,964 shares of the company's stock were exchanged, compared to its average volume of 8,090,318. The company has a current ratio of 1.92, a quick ratio of 1.91 and a debt-to-equity ratio of 0.77. The company has a market cap of $33.89 billion, a PE ratio of -12.43 and a beta of 1.65. SEA has a fifty-two week low of $54.06 and a fifty-two week high of $372.70. The stock's 50 day moving average price is $72.04 and its two-hundred day moving average price is $84.57.

SEA (NYSE:SE - Get Rating) last issued its earnings results on Tuesday, August 16th. The Internet company based in Singapore reported ($1.35) EPS for the quarter, missing the consensus estimate of ($1.18) by ($0.17). The business had revenue of $2.94 billion for the quarter, compared to analyst estimates of $3.03 billion. SEA had a negative return on equity of 37.42% and a negative net margin of 22.97%. The firm's revenue was up 29.0% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.83) EPS. Research analysts expect that SEA will post -5.16 EPS for the current year.

SEA Company Profile

(Get Rating)

Sea Limited, together with its subsidiaries, engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally. It offers Garena digital entertainment platform for users to access mobile and PC online games, as well as eSports operations; and access to other entertainment content, including livestreaming of gameplay and social features, such as user chat and online forums.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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