Short Interest in Comcast Decreases By 7.2% (CMCSK)
Shares of Comcast (NASDAQ:CMCSK) saw a large decline in short interest in July. As of July 31st, there was short interest totalling 17,520,983 shares, a decline of 7.2% from the July 15th total of 18,871,295 shares, StockRatingsNetwork reports. Currently, 4.2% of the shares of the stock are sold short. Based on an average daily volume of 1,956,551 shares, the short-interest ratio is presently 9.0 days.
Shares of Comcast (NASDAQ:CMCSK) opened at 53.56 on Wednesday. Comcast has a 52 week low of $39.73 and a 52 week high of $56.23. The stock has a 50-day moving average of $53.84 and a 200-day moving average of $51.. The company has a market cap of $138.6 billion and a P/E ratio of 18.83.
Comcast (NASDAQ:CMCSK) last announced its earnings results on Wednesday, July 23rd. The company reported $0.75 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.73 by $0.02. On average, analysts predict that Comcast will post $2.97 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 22nd. Investors of record on Wednesday, October 1st will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Monday, September 29th.
Comcast Corporation (NASDAQ:CMCSK) is a provider of entertainment, information and communications products and services.
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