Short Interest in Sohu.com Inc. (NASDAQ:SOHU) Declines By 26.2%

Sohu.com Inc. (NASDAQ:SOHU - Get Free Report) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 70,700 shares, a decrease of 26.2% from the May 15th total of 95,800 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 117,200 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Sohu.com from a "sell" rating to a "hold" rating in a report on Wednesday, May 28th.

Sohu.com Stock Down 0.6%

Shares of SOHU stock traded down $0.07 during trading hours on Wednesday, hitting $10.89. 128,219 shares of the company's stock were exchanged, compared to its average volume of 92,838. Sohu.com has a fifty-two week low of $7.79 and a fifty-two week high of $17.24. The firm has a market cap of $327.46 million, a P/E ratio of 2.94 and a beta of 0.71. The firm has a 50 day moving average of $10.10 and a two-hundred day moving average of $12.16.

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 for the quarter. Sohu.com had a negative return on equity of 7.86% and a net margin of 17.97%. The company had revenue of $135.65 million for the quarter.

Hedge Funds Weigh In On Sohu.com

Several hedge funds and other institutional investors have recently modified their holdings of the business. MASO CAPITAL PARTNERS Ltd lifted its stake in Sohu.com by 2.1% in the 4th quarter. MASO CAPITAL PARTNERS Ltd now owns 906,256 shares of the information services provider's stock worth $11,944,000 after purchasing an additional 18,474 shares in the last quarter. Acadian Asset Management LLC lifted its position in Sohu.com by 1.5% during the first quarter. Acadian Asset Management LLC now owns 665,858 shares of the information services provider's stock worth $8,743,000 after buying an additional 10,058 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Sohu.com by 63.2% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 301,388 shares of the information services provider's stock worth $3,972,000 after buying an additional 116,746 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Sohu.com by 36.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 267,044 shares of the information services provider's stock valued at $3,520,000 after buying an additional 71,259 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. increased its position in Sohu.com by 11.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 159,628 shares of the information services provider's stock worth $2,104,000 after purchasing an additional 16,449 shares during the last quarter. 33.02% of the stock is owned by hedge funds and other institutional investors.

About Sohu.com

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.