Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) Short Interest Update

Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 1,920,000 shares, a decrease of 8.1% from the November 30th total of 2,090,000 shares. Based on an average daily trading volume, of 313,500 shares, the days-to-cover ratio is currently 6.1 days. Currently, 5.2% of the company’s stock are sold short.

Atlanta Braves Price Performance

Shares of BATRK stock traded up $0.63 during trading on Tuesday, reaching $38.45. The company had a trading volume of 128,196 shares, compared to its average volume of 233,505. The firm’s 50 day simple moving average is $39.89 and its two-hundred day simple moving average is $40.69. Atlanta Braves has a one year low of $36.74 and a one year high of $44.42. The company has a market capitalization of $1.95 billion, a PE ratio of -52.67 and a beta of 0.68.

Hedge Funds Weigh In On Atlanta Braves

A number of institutional investors have recently modified their holdings of BATRK. Quent Capital LLC boosted its stake in Atlanta Braves by 568.4% during 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 period. Hahn Capital Management LLC grew its stake in shares of Atlanta Braves by 33.7% in the second quarter. Hahn Capital Management LLC now owns 1,962 shares of the financial services provider’s stock worth $77,000 after acquiring an additional 495 shares during the last quarter. nVerses Capital LLC bought a new position in Atlanta Braves during the second quarter worth $95,000. Quest Partners LLC raised its stake in Atlanta Braves by 28,820.0% during 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 bought a new stake in Atlanta Braves in the 3rd quarter valued at $205,000. Institutional investors own 64.88% of the company’s stock.

Atlanta Braves Company Profile

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.