Grupo Televisa S.A. (TV) : Traders are increasing their bearish positions on the stock, as is visible by the 0.7% jump in the outstanding short positions; a total addition of 31,027 shares on the sell side. On Jul 29, 2016, the total short positions were 4,425,095 shares, which went up to 4,456,122 shares by the close of trading on August 15, 2016. It will take 2 days for the bears to roll over or cover. An average of 2,139,455 shares exchange hands daily. 0.9% of the float of the stock has been sold short by the bears. The short interest information was released on Wednesday Aug 24th after the market close.
Grupo Televisa S.A. (NYSE:TV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.35 and $27.21 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.49, notching a gain of 0.70% for the day. The total traded volume was 1,797,044 . The stock had closed at $27.30 on the previous day.
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.