Windstream Holdings, Inc. (WIN) Short Interest Down 5.9% in July
Windstream Holdings, Inc. (NASDAQ:WIN) saw a large decline in short interest in July. As of July 31st, there was short interest totalling 31,466,064 shares, a decline of 5.9% from the July 14th total of 33,445,754 shares. Approximately 16.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,943,828 shares, the short-interest ratio is presently 16.2 days.
Shares of Windstream Holdings (NASDAQ WIN) opened at 2.03 on Friday. The stock has a 50 day moving average price of $3.53 and a 200-day moving average price of $5.26. Windstream Holdings has a 1-year low of $2.00 and a 1-year high of $10.46. The company’s market cap is $387.38 million.
A number of analysts have recently commented on WIN shares. ValuEngine downgraded Windstream Holdings from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd. BidaskClub raised Windstream Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 31st.
About Windstream Holdings
Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.
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