Short Interest in Sohu.com Limited (NASDAQ:SOHU) Declines By 37.6%

Sohu.com Limited (NASDAQ:SOHU - Get Free Report) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 66,600 shares, a decrease of 37.6% from the March 31st total of 106,800 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily trading volume, of 105,500 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Sohu.com

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SOHU. E Fund Management Hong Kong Co. Ltd. raised its position in Sohu.com by 129.7% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 45,559 shares of the information services provider's stock valued at $600,000 after buying an additional 25,721 shares during the last quarter. Vontobel Holding Ltd. purchased a new stake in shares of Sohu.com during the fourth quarter valued at approximately $144,000. State Street Corp lifted its holdings in Sohu.com by 17.9% during 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. Sei Investments Co. raised its stake 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 worth $229,000 after purchasing an additional 5,600 shares during the period. Finally, Trexquant Investment LP boosted its holdings in shares of Sohu.com by 84.4% in the 4th quarter. Trexquant Investment LP now owns 28,123 shares of the information services provider's stock worth $371,000 after buying an additional 12,873 shares during the last quarter. 33.02% of the stock is owned by institutional investors.

Sohu.com Price Performance

Shares of SOHU traded up $0.20 during trading hours on Friday, hitting $11.51. The stock had a trading volume of 194,624 shares, compared to its average volume of 88,134. The firm has a 50 day simple moving average of $11.79 and a 200-day simple moving average of $12.82. Sohu.com has a 1-year low of $7.79 and a 1-year high of $17.24. The firm has a market capitalization of $372.38 million, a P/E ratio of -3.68 and a beta of 0.70.

Sohu.com (NASDAQ:SOHU - Get Free Report) last issued its earnings results on Tuesday, February 18th. The information services provider reported ($0.50) earnings per share (EPS) for the quarter. Sohu.com had a negative return on equity of 8.49% and a negative net margin of 16.76%. The firm had revenue of $134.68 million during the quarter. During the same quarter in the prior year, the company posted ($0.37) EPS.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Sohu.com from a "buy" rating to a "hold" rating in a research note on Tuesday, April 1st.

Sohu.com Company Profile

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.