Sohu.com Limited (NASDAQ:SOHU) Short Interest Down 20.7% in November

Sohu.com Limited (NASDAQ:SOHU) was the target of a significant drop in short interest in 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. Based on an average daily volume of 97,500 shares, the short-interest ratio is currently 3.1 days. Approximately 0.9% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its stake in Sohu.com by 75.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,519 shares of the information services provider’s stock worth $87,000 after purchasing an additional 2,367 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Sohu.com in the second quarter worth approximately $36,000. Blue Trust Inc. lifted its stake in shares of Sohu.com by 1,973.0% in 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 in the last quarter. State Street Corp grew its holdings in shares of Sohu.com by 17.9% during the third quarter. State Street Corp now owns 44,206 shares of the information services provider’s stock valued at $696,000 after buying an additional 6,715 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Sohu.com during the third quarter valued at approximately $312,000. 33.02% of the stock is owned by hedge funds and other institutional investors.

Sohu.com Price Performance

Shares of Sohu.com stock traded down $0.04 during midday trading on Friday, reaching $13.01. 38,452 shares of the company’s stock traded hands, compared to its average volume of 100,634. The stock has a 50 day moving average of $14.28 and a 200-day moving average of $14.20. Sohu.com has a 12 month low of $7.80 and a 12 month high of $17.24.

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.