Short Interest in Sohu.com Limited (NASDAQ:SOHU) Declines By 28.2%

Sohu.com Limited (NASDAQ:SOHU) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 169,700 shares, a decline of 28.2% from the January 15th total of 236,300 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 68,500 shares, the short-interest ratio is presently 2.5 days.

Hedge Funds Weigh In On Sohu.com

A number of institutional investors have recently made changes to their positions in the stock. Seldon Capital LP bought a new position in shares of Sohu.com in the 4th quarter worth $132,000. Russell Investments Group Ltd. increased its holdings in shares of Sohu.com by 12.9% in the 4th quarter. Russell Investments Group Ltd. now owns 35,076 shares of the information services provider’s stock worth $468,000 after buying an additional 4,002 shares during the last quarter. Trexquant Investment LP increased its holdings in shares of Sohu.com by 84.4% in the 4th quarter. Trexquant Investment LP now owns 28,123 shares of the information services provider’s stock worth $371,000 after buying an additional 12,873 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Sohu.com by 36.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 267,044 shares of the information services provider’s stock worth $3,520,000 after buying an additional 71,259 shares during the last quarter. Finally, MASO CAPITAL PARTNERS Ltd increased its holdings in shares of Sohu.com by 2.1% in the 4th quarter. MASO CAPITAL PARTNERS Ltd now owns 906,256 shares of the information services provider’s stock worth $11,944,000 after buying an additional 18,474 shares during the last quarter. Institutional investors own 33.02% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Sohu.com from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th.

Sohu.com Stock Performance

Sohu.com stock traded down $0.13 during midday trading on Friday, reaching $14.76. 25,607 shares of the stock were exchanged, compared to its average volume of 48,686. The company’s fifty day moving average is $13.13 and its 200-day moving average is $14.11. The firm has a market cap of $477.32 million, a PE ratio of -5.25 and a beta of 1.13. Sohu.com has a 52 week low of $8.79 and a 52 week high of $17.24.

Sohu.com (NASDAQ:SOHU) last issued its quarterly earnings results on Tuesday, November 12th. The information services provider reported ($0.39) EPS for the quarter. The company had revenue of $151.99 million during the quarter. Sohu.com had a negative return on equity of 7.67% and a negative net margin of 15.14%.

About Sohu.com

Sohu.com Limited engages in the provision of online media, video, and game products and services on personal computers (PCs) and mobile devices in China. It operates through two segments: Sohu and Changyou. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, as well as ifox, a video application for PC.