Comcast Holdings Corp. (NYSE:CCZ) Stock Short Interest Climbs 105.7%
by Mitch Edgeman · The Markets DailyComcast Holdings Corp. (NYSE:CCZ – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 218 shares, a growth of 105.7% from the August 31st total of 106 shares. Based on an average daily volume of 15 shares, the days-to-cover ratio is currently 14.5 days.
Comcast Price Performance
CCZ stock opened at $61.48 on Wednesday. Comcast has a 12 month low of $59.00 and a 12 month high of $66.50. The firm has a 50 day simple moving average of $63.31 and a 200 day simple moving average of $63.94.
Comcast Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.4622 per share. This is a drop from Comcast’s previous quarterly dividend of $0.4622. The ex-dividend date is Thursday, October 1st. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.0%.
Comcast Company Profile
Comcast Corporation is a global media and telecommunications company that provides broadband, wireless, video, voice and related services to residential and business customers. In the United States, its connectivity and platform businesses operate primarily under the Xfinity brand, offering high-speed internet, mobile services, pay television, telephone services, streaming devices and home security products.
Through NBCUniversal, Comcast owns and operates the NBC and Telemundo broadcast networks, numerous cable networks, the Peacock streaming service, Universal Pictures and Universal television production.