Activision Blizzard Inc (ATVI): Price Target and June Short Interest Disclosure

Activision Blizzard Inc (ATVI) : Currently there are 15 street experts covering Activision Blizzard Inc (ATVI) stock. The most bullish and bearish price target for the stock is $45 and $32 respectively for the short term. The average price target of all the analysts comes to $42.13. The estimated standard deviation from the target is $3.34.

Activision Blizzard Inc (ATVI) encountered a drop of 0.9% or -154,613 shares in the short positions. The number dropped from 18,100,927 on June 15,2016 to 17,946,314 on June 30,2016. The final interest is 2.7% of the floated stock. The days to cover figure of 2 can be arrived using the average daily exchange of 10,217,816 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Barclays maintains their rating on the shares of Activision Blizzard Inc (NASDAQ:ATVI). The current rating of the shares is Overweight. Equity Analysts at the Firm raises the price target to $42 per share from $38 per share. The rating by the firm was issued on June 16, 2016.


Activision Blizzard Inc (NASDAQ:ATVI): On Thursdays trading session , Opening price of the stock was $42.36 with an intraday high of $42.53. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $41.66. However, the stock managed to close at $41.85, a loss of 0.62% for the day. On the previous day, the stock had closed at $42.11. The total traded volume of the day was 9,624,916 shares.

Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. The Company offers games that operate on the Microsoft Corporation (Microsoft) Xbox One (Xbox One) and Xbox 360 (Xbox 360), Nintendo Co. Ltd. (Nintendo) Wii U (Wii U) and Wii (Wii), and Sony Computer Entertainment Inc. (Sony) PlayStation 4 (PS4) and PlayStation 3 (PS3) console systems. The Company also develops products spanning other genres, including first-person action, action/adventure, role-playing, simulation and strategy. It distributes interactive entertainment hardware and software products in Europe through its European distribution subsidiaries: Centresoft in the United Kingdom and NBG in Germany. The Companys operating segments include Activision Publishing, Inc. and its subsidiaries, Blizzard Entertainment, Inc. and its subsidiaries, and Activision Blizzard Distribution.

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