Dreamworks Animation Skg Short Interest Up 14.3% in August (DWA)
Shares of Dreamworks Animation Skg (NASDAQ:DWA) were the target of a significant increase in short interest in August. As of August 15th, there was short interest totalling 11,208,633 shares, an increase of 14.3% from the July 31st total of 9,805,252 shares, Analyst Ratings Net reports. Based on an average daily trading volume, of 1,053,802 shares, the days-to-cover ratio is currently 10.6 days. Approximately 16.2% of the shares of the company are sold short.
Dreamworks Animation Skg (NASDAQ:DWA) opened at 21.835 on Monday. Dreamworks Animation Skg has a 52-week low of $19.20 and a 52-week high of $36.01. The stock has a 50-day moving average of $21.55 and a 200-day moving average of $25.62. The company’s market cap is $1.849 billion.
DreamWorks Animation SKG, Inc (NASDAQ:DWA) is engaged in the development, production and exploitation of animated films and their associated characters in the worldwide theatrical, home entertainment, television, merchandising and licensing and other markets.
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