Sohu.com Inc. (NASDAQ:SOHU - Get Free Report) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 70,700 shares, a decline of 26.2% from the May 15th total of 95,800 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 117,200 shares, the days-to-cover ratio is presently 0.6 days.
Sohu.com Price Performance
Shares of NASDAQ:SOHU traded up $0.11 during midday trading on Friday, hitting $11.00. The company had a trading volume of 223,682 shares, compared to its average volume of 93,698. Sohu.com has a 12-month low of $7.79 and a 12-month high of $17.24. The company has a fifty day moving average of $10.22 and a two-hundred day moving average of $12.11. The company has a market cap of $330.77 million, a price-to-earnings ratio of 2.97 and a beta of 0.71.
Sohu.com (NASDAQ:SOHU - Get Free Report) last released its quarterly earnings results on Monday, May 19th. The information services provider reported ($0.55) earnings per share (EPS) for the quarter. Sohu.com had a net margin of 17.97% and a negative return on equity of 7.86%. The company had revenue of $135.65 million for the quarter.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Sohu.com from a "sell" rating to a "hold" rating in a report on Wednesday, May 28th.
View Our Latest Research Report on SOHU
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Vontobel Holding Ltd. bought a new stake in Sohu.com during the 4th quarter worth approximately $144,000. Two Sigma Advisers LP purchased a new stake in shares of Sohu.com in the fourth quarter worth $134,000. BNP Paribas Financial Markets increased its stake in shares of Sohu.com by 226.5% in the fourth quarter. BNP Paribas Financial Markets now owns 18,021 shares of the information services provider's stock worth $238,000 after purchasing an additional 12,502 shares in the last quarter. Sei Investments Co. raised its position in shares of Sohu.com by 47.6% during the 4th quarter. Sei Investments Co. now owns 17,354 shares of the information services provider's stock valued at $229,000 after purchasing an additional 5,600 shares during the period. Finally, Trexquant Investment LP lifted its stake in shares of Sohu.com by 84.4% during the 4th quarter. Trexquant Investment LP now owns 28,123 shares of the information services provider's stock valued at $371,000 after buying an additional 12,873 shares in the last quarter. 33.02% of the stock is owned by hedge funds and other institutional investors.
Sohu.com Company Profile
(
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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