Short Interest in Sohu.com Limited (NASDAQ:SOHU) Decreases By 12.6%

Sohu.com Limited (NASDAQ:SOHU) saw a large decline in short interest in January. As of January 15th, there was short interest totalling 236,300 shares, a decline of 12.6% from the December 31st total of 270,300 shares. Based on an average daily volume of 74,700 shares, the days-to-cover ratio is presently 3.2 days. Currently, 0.7% of the shares of the company are short sold.

Sohu.com Trading Down 2.0 %

SOHU stock opened at $12.59 on Monday. The firm has a 50 day moving average of $13.05 and a 200-day moving average of $14.16. Sohu.com has a 12-month low of $8.79 and a 12-month high of $17.24.

Sohu.com (NASDAQ:SOHU) last posted its quarterly earnings results on Tuesday, November 12th. The information services provider reported ($0.39) earnings per share (EPS) for the quarter. Sohu.com had a negative net margin of 15.14% and a negative return on equity of 7.67%. The company had revenue of $151.99 million for the quarter.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. FMR LLC acquired a new position in Sohu.com in the 3rd quarter valued at $3,774,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Sohu.com by 166.7% in the 3rd 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 acquiring an additional 115,407 shares during the last quarter. Bank of Montreal Can acquired a new position in Sohu.com in the 3rd quarter valued at $2,357,000. Public Employees Retirement System of Ohio acquired a new position in Sohu.com in the 3rd quarter valued at $1,350,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its stake in shares of Sohu.com by 129.7% during 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 period. 33.02% of the stock is currently owned by institutional investors and hedge funds.

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.