Short Interest in Comcast Declines By 23.6% (CMCSK)
Shares of Comcast (NASDAQ:CMCSK) were the recipient of a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 13,387,370 shares, a decline of 23.6% from the July 31st total of 17,520,983 shares, Analyst Ratings Network reports. Currently, 3.2% of the company’s shares are sold short. Based on an average daily volume of 1,723,362 shares, the days-to-cover ratio is currently 7.8 days.
Comcast (NASDAQ:CMCSK) opened at 54.60 on Tuesday. Comcast has a 1-year low of $40.85 and a 1-year high of $56.23. The stock’s 50-day moving average is $54.09 and its 200-day moving average is $51.54. The company has a market cap of $141.3 billion and a P/E ratio of 19.15.
Comcast (NASDAQ:CMCSK) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $0.75 EPS for the quarter, beating the Thomson Reuters 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. Shareholders 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 1.65%. 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.