Grupo Televisa S.A. June 15th Short Interest Update

Grupo Televisa S.A. (NYSE:TV) stated loss of 711,246 shares or 15.3% in the short interest. The short interest registered from 4,640,105 on May 31,2016 to 3,928,859 on June 15,2016. In terms of floated shares, the shorted positions stood at 0.8%. The stock has been averaging 1,932,994 shares daily in trading and would need 2 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Grupo Televisa S.A. (NYSE:TV): The stock opened at $24.80 on Friday but the bulls could not build on the opening and the stock topped out at $25.33 for the day. The stock traded down to $24.52 during the day, due to lack of any buying support eventually closed down at $25.10 with a loss of -5.57% for the day. The stock had closed at $26.58 on the previous day. The total traded volume was 3,251,343 shares.

The company shares have dropped -34.57% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $39.34 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $26.18 and the 200 Day Moving Average price is recorded at $26.52.

Stocks of Grupo Televisa S.A. (NYSE:TV) rallied by 0.04% during the past week but lost 7.86% on a 4-week basis. The company has outperformed the S&P 500 by 1.7% in the past week but underperformed the index by 5.07% in the last 4 weeks.

Grupo Televisa, S.A.B. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific. It exports its programs and formats to television networks around the world. It is also a Spanish-language magazine publisher. Its pay-television channels include three music, six movie, seven variety and entertainment channels and two sports channels. Its programs include telenovelas, newscasts, situation comedies, game shows, reality shows, childrens programs, comedy and variety programs, musical and cultural events, movies and educational programming. Its programming also includes broadcasts of special events and sports events in Mexico.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.