Short Interest in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Grows By 5.2%

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 287,300 shares, a growth of 5.2% from the October 31st total of 273,100 shares. Approximately 2.9% of the company’s shares are sold short. Based on an average trading volume of 40,100 shares, the days-to-cover ratio is presently 7.2 days.

Atlanta Braves Stock Down 0.5 %

Atlanta Braves stock opened at $42.12 on Wednesday. The stock has a market capitalization of $2.61 billion, a PE ratio of -57.69 and a beta of 0.80. Atlanta Braves has a twelve month low of $39.67 and a twelve month high of $46.65. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.12. The company has a 50 day moving average of $42.46 and a 200-day moving average of $43.07.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Whittier Trust Co. acquired a new position in Atlanta Braves during the second quarter worth $26,000. Nisa Investment Advisors LLC boosted its holdings in Atlanta Braves by 1,500.0% during the second quarter. Nisa Investment Advisors LLC now owns 640 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 600 shares during the last quarter. Quent Capital LLC boosted its holdings in Atlanta Braves by 1,607.7% during the third quarter. Quent Capital LLC now owns 666 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 627 shares during the last quarter. US Bancorp DE bought a new stake in Atlanta Braves during the third quarter worth $28,000. Finally, GAMMA Investing LLC raised its position in Atlanta Braves by 5,336.8% during the third quarter. GAMMA Investing LLC now owns 1,033 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 1,014 shares in the last quarter. Institutional investors and hedge funds own 12.31% of the company’s stock.

Atlanta Braves Company Profile

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.