Short Interest in Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) Grows By 7.7%

Posted by Samantha Reynolds on Dec 16th, 2024

Atlanta Braves Holdings, Inc. (NASDAQ:BATRK – Get Free Report) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 2,090,000 shares, a growth of 7.7% from the November 15th total of 1,940,000 shares. Based on an average daily volume of 321,200 shares, the short-interest ratio is currently 6.5 days. Approximately 5.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BATRK. Quent Capital LLC raised its stake in Atlanta Braves by 568.4% in the 3rd quarter. Quent Capital LLC now owns 1,651 shares of the financial services provider’s stock valued at $66,000 after purchasing an additional 1,404 shares during the last quarter. Hahn Capital Management LLC raised its stake in Atlanta Braves by 33.7% in the 2nd quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider’s stock valued at $77,000 after purchasing an additional 495 shares during the last quarter. nVerses Capital LLC acquired a new position in Atlanta Braves in the 2nd quarter valued at about $95,000. Quest Partners LLC raised its stake in Atlanta Braves by 28,820.0% in the 3rd quarter. Quest Partners LLC now owns 4,338 shares of the financial services provider’s stock valued at $173,000 after purchasing an additional 4,323 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new position in Atlanta Braves in the 3rd quarter valued at about $205,000. Institutional investors and hedge funds own 64.88% of the company’s stock.

Atlanta Braves Trading Up 0.3 %

Shares of NASDAQ:BATRK traded up $0.13 during midday trading on Monday, hitting $39.52. 4,211 shares of the stock were exchanged, compared to its average volume of 233,966. The stock has a market cap of $2.01 billion, a P/E ratio of -53.96 and a beta of 0.68. Atlanta Braves has a twelve month low of $36.74 and a twelve month high of $44.42. The company has a 50 day moving average price of $40.22 and a 200-day moving average price of $40.81.

About Atlanta Braves

(Get Free Report)

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