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

Sohu.com Limited (NASDAQ:SOHU) was the recipient of a significant decline in short interest during the month of 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. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 74,700 shares, the days-to-cover ratio is currently 3.2 days.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SOHU. BNP Paribas Financial Markets lifted its stake in shares of 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 during the period. State Street Corp raised its position in Sohu.com by 17.9% in the third quarter. State Street Corp now owns 44,206 shares of the information services provider’s stock worth $696,000 after acquiring an additional 6,715 shares during the period. Blue Trust Inc. boosted its stake in shares of Sohu.com by 213.3% during the 3rd quarter. Blue Trust Inc. now owns 12,730 shares of the information services provider’s stock worth $200,000 after acquiring an additional 8,667 shares during the last quarter. Vontobel Holding Ltd. bought a new stake in shares of Sohu.com during the 4th quarter valued at $144,000. Finally, E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Sohu.com in the 3rd quarter worth $312,000. 33.02% of the stock is owned by hedge funds and other institutional investors.

Sohu.com Price Performance

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

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

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.