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Cablevision Systems (NYSE:CVC) saw a significant increase in short interest in the month of May. As of May 30th, there was short interest totalling 49,618,833 shares, an increase of 4.0% from the May 15th total of 47,689,601 shares, reports. Approximately 24.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,500,191 shares, the days-to-cover ratio is presently 19.8 days.

A number of analysts have recently weighed in on CVC shares. Analysts at Zacks reiterated a “neutral” rating on shares of Cablevision Systems in a research note on Wednesday, June 18th. They now have a $18.00 price target on the stock. Separately, analysts at Wunderlich raised their price target on shares of Cablevision Systems from $17.00 to $19.00 in a research note on Monday, June 16th. They now have a “hold” rating on the stock. Finally, analysts at Telsey Advisory Group raised their price target on shares of Cablevision Systems from $23.00 to $25.00 in a research note on Friday, May 9th. They now have a “not rated” rating on the stock. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company’s stock. Cablevision Systems presently has a consensus rating of “Hold” and an average price target of $18.36.

Cablevision Systems (NYSE:CVC) opened at 17.44 on Tuesday. Cablevision Systems has a 52 week low of $14.65 and a 52 week high of $20.16. The stock’s 50-day moving average is $17.25 and its 200-day moving average is $16.90. The company has a market cap of $4.719 billion and a P/E ratio of 8.12.

Cablevision Systems (NYSE:CVC) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.30. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the prior year, the company posted ($0.06) earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. Analysts expect that Cablevision Systems will post $0.81 EPS for the current fiscal year.

Cablevision Systems Corporation (NYSE:CVC), through its wholly owned subsidiary CSC Holdings, LLC (CSC Holdings, and collectively with Cablevision) and their subsidiaries operates in the United States based on the number of video customers.

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