Comcast Corporation (NASDAQ:CMCSA), According to the latest information the short interest in Comcast Corporation – Class A Common Stock plummeted by 3.9% or 1,171,137 shares. The final shorts are 1.2% of the total floated shares. The positions dropped from 29,843,282 shares on May 31,2016 to 28,672,145 on June 15,2016. According to the per-day average trading of 6,904,011 shares, the days to cover are 4. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Comcast Corporation (NASDAQ:CMCSA): The stock opened at $60.84 on Friday but the bulls could not build on the opening and the stock topped out at $62.60 for the day. The stock traded down to $60.66 during the day, due to lack of any buying support eventually closed down at $61.65 with a loss of -2.07% for the day. The stock had closed at $62.95 on the previous day. The total traded volume was 17,872,444 shares.
The company shares have rallied 2.78% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $64.99 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $62.38 and the 200 Day Moving Average price is recorded at $59.42.
Comcast Corporation (NASDAQ:CMCSA) has tumbled 1.15% during the past week and has dropped 1.96% in the last 4 week period. In the past week, the company has outperformed the S&P 500 by 0.49% and the outperformance has advanced to 1.01% for the last 4 weeks period.
Comcast Corporation is a media and technology company. The Company has two primary businesses, Comcast Cable and NBCUniversal. The Companys business line comprises five segments: Cable Communications; Cable Networks; Broadcast Television; Filmed Entertainment, and Theme Parks. Cable Communications consists of the operations of Comcast Cable, a provider of video, high-speed Internet and voice services under the XFINITY brand. Cable Networks consists primarily of its national cable networks, regional sports and news networks, international cable networks, and its cable television production operations. Broadcast Television consists primarily of the NBC and Telemundo broadcast networks. Filmed Entertainment consists primarily of the studio operations of Universal Pictures. Theme Parks consists primarily of its Universal theme parks. The Companys other business interests consist of Comcast-Spectacor and the Wells Fargo Center arena.