Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Short Interest Update

Atlanta Braves Holdings, Inc. (NASDAQ: BATRA – Get Free Report) has been the target of a surge in short interest growth during the month of April. As of April 30, there was short interest totaling 216,600 shares, a growth of 5.7% from the April 15 total of 205,000 shares. Based on an average trading volume of 26,900 shares, the days to cover ratio is currently 8.1 days. Currently, 2.1% of the company’s shares are sold short.

Atlanta Braves Price Performance

The NASDAQ BATRA opened at $41.74 on Friday. The Atlanta Braves have a 12-month low of $36.78 and a 12-month high of $54.94. The company’s fifty-day simple moving average is $41.31 and its two-hundred-day simple moving average is $41.47. The company has a quick ratio of 0.80, a quick ratio of 0.80, and a debt-to-equity ratio of 1.31. The company has a market capitalization of $2.58 billion and a P/E ratio of -20.87.

The Atlanta Braves (NASDAQ:BATRA – Get Free Report) last announced earnings on Wednesday, February 28th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by $0.30. The Atlanta Braves had a negative net margin of 18.35% and a negative return on equity of 25.95%. The company had revenue of $67.75 million for the quarter, compared to analyst estimates of $61.94 million. Analysts predict that the Atlanta Braves will post -0.69 EPS for the current fiscal year.

Wall Street analysts predict growth

Separately, Benchmark reiterated its “buy” rating and issued a $54.00 price target for shares of the Atlanta Braves on Thursday.

Check out our latest report on the Atlanta Braves

Institutional investors weigh in on the Atlanta Braves

Several institutional investors and hedge funds have recently modified their positions in BATRA. Qube Research & Technologies Ltd increased its position in the Atlanta Braves by 1.9% during the third quarter. Qube Research & Technologies Ltd now owns 51,799 shares of the financial services provider’s stock valued at $2,024,000 after acquiring an additional 974 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in Atlanta Braves during the fourth quarter worth $355,000. Sapient Capital LLC acquired a new stake in Atlanta Braves during the fourth quarter, valued at $490,000. Roundview Capital LLC purchased a new position in Atlanta Braves during the third quarter valued at $7,344,000. Finally, Aurora Investment Counsel increased its position in shares of the Atlanta Braves by 1.0% during the third quarter. Aurora Investment Counsel now owns 40,448 shares of the financial services provider’s stock worth $1,580,000 after acquiring an additional 398 shares during the period. 12.31% of shares are currently owned by institutional investors and hedge funds.

Atlanta Braves Company Profile

(Get Free Report)

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves major league baseball club. It also manages mixed-use development projects, including retail, office, hotel and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.

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