Sohu.com Limited (NASDAQ:SOHU) Short Interest Update

Sohu.com Limited (NASDAQ:SOHU) saw a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 306,100 shares, a drop of 20.7% from the October 31st total of 386,000 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 97,500 shares, the days-to-cover ratio is currently 3.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Blue Trust Inc. boosted its position in shares of Sohu.com by 1,973.0% during the second quarter. Blue Trust Inc. now owns 4,063 shares of the information services provider’s stock worth $57,000 after buying an additional 3,867 shares during the period. Headlands Technologies LLC acquired a new position in Sohu.com during the 2nd quarter worth $36,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Sohu.com in the third quarter worth $312,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Sohu.com by 166.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 184,642 shares of the information services provider’s stock valued at $2,908,000 after purchasing an additional 115,407 shares during the period. Finally, Bank of Montreal Can bought a new stake in shares of Sohu.com during the third quarter valued at about $2,357,000. Institutional investors own 33.02% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Sohu.com from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th.

Sohu.com Trading Down 0.3 %

Shares of NASDAQ SOHU opened at $13.01 on Friday. Sohu.com has a 12-month low of $7.80 and a 12-month high of $17.24. The company has a market cap of $420.87 million, a price-to-earnings ratio of -4.63 and a beta of 1.19. The stock’s 50 day simple moving average is $14.28 and its 200 day simple moving average is $14.18.

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.