Short Interest in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Decreases By 7.8%

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 265,000 shares, a decrease of 7.8% from the November 15th total of 287,300 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average daily trading volume, of 41,300 shares, the days-to-cover ratio is presently 6.4 days.

Atlanta Braves Stock Up 0.2 %

Shares of BATRA stock traded up $0.07 during trading on Tuesday, reaching $41.59. The company’s stock had a trading volume of 6,770 shares, compared to its average volume of 32,531. Atlanta Braves has a one year low of $39.67 and a one year high of $46.65. The business has a fifty day moving average price of $42.38 and a 200-day moving average price of $43.10. The company has a market cap of $2.57 billion, a price-to-earnings ratio of -56.88 and a beta of 0.80. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.12.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Whittier Trust Co. bought a new position in Atlanta Braves during the 2nd quarter worth $26,000. Nisa Investment Advisors LLC boosted its position in shares of Atlanta Braves by 1,500.0% in the second quarter. Nisa Investment Advisors LLC now owns 640 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 600 shares during the period. Quent Capital LLC grew its stake in shares of Atlanta Braves by 1,607.7% in the third quarter. Quent Capital LLC now owns 666 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 627 shares in the last quarter. US Bancorp DE bought a new position in Atlanta Braves during the third quarter worth about $28,000. Finally, GAMMA Investing LLC raised its stake in Atlanta Braves by 5,336.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,033 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 1,014 shares in the last quarter. 12.31% of the stock is owned by institutional investors and hedge funds.

About Atlanta Braves

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.