Fang Holdings Ltd (NYSE:SFUN) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 22,847,958 shares, a decline of 14.8% from the November 15th total of 26,821,603 shares. Based on an average trading volume of 3,060,165 shares, the days-to-cover ratio is presently 7.5 days. Approximately 9.4% of the shares of the stock are short sold.

Fang (SFUN) opened at $4.37 on Monday. Fang has a 1-year low of $2.46 and a 1-year high of $5.27. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.52.

Fang (NYSE:SFUN) last posted its quarterly earnings data on Friday, November 17th. The information services provider reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. Fang had a negative return on equity of 3.20% and a negative net margin of 1.83%. The firm had revenue of $112.20 million for the quarter, compared to the consensus estimate of $106.39 million. During the same quarter in the prior year, the business earned ($0.03) EPS. The business’s revenue for the quarter was down 55.1% compared to the same quarter last year. research analysts predict that Fang will post 0.08 earnings per share for the current year.

Large investors have recently bought and sold shares of the business. Wells Fargo & Company MN lifted its holdings in Fang by 5.5% during the 2nd quarter. Wells Fargo & Company MN now owns 42,686 shares of the information services provider’s stock worth $158,000 after buying an additional 2,223 shares in the last quarter. Profund Advisors LLC lifted its stake in shares of Fang by 21.9% in the 2nd quarter. Profund Advisors LLC now owns 46,110 shares of the information services provider’s stock valued at $171,000 after purchasing an additional 8,285 shares during the period. Intellectus Partners LLC acquired a new position in shares of Fang in the 2nd quarter valued at $186,000. BB&T Securities LLC lifted its stake in shares of Fang by 445.5% in the 2nd quarter. BB&T Securities LLC now owns 55,847 shares of the information services provider’s stock valued at $207,000 after purchasing an additional 45,609 shares during the period. Finally, Pictet Asset Management Ltd. acquired a new position in shares of Fang in the 3rd quarter valued at $325,000. 45.35% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have recently commented on SFUN. ValuEngine downgraded Fang from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Zacks Investment Research raised Fang from a “strong sell” rating to a “hold” rating in a report on Thursday, November 2nd. Finally, BidaskClub raised Fang from a “sell” rating to a “hold” rating in a report on Friday, August 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $4.78.

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Fang Company Profile

Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.

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