Echostar Corporation (NASDAQ:SATS) Shorted Shares Increased By 1.95%

EchoStar Corporation (NASDAQ:SATS) Logo

Investors sentiment increased to 1.05 in 2018 Q4. Its up 0.25, from 0.8 in 2018Q3. It is positive, as 30 investors sold EchoStar Corporation shares while 50 reduced holdings. 31 funds opened positions while 53 raised stakes. 42.25 million shares or 2.68% less from 43.41 million shares in 2018Q3 were reported.
Fifth Third Bank & Trust stated it has 0% of its portfolio in EchoStar Corporation (NASDAQ:SATS). 25,200 are held by Commonwealth Financial Bank Of. Cubist Systematic Strategies Ltd Liability Co stated it has 0.02% of its portfolio in EchoStar Corporation (NASDAQ:SATS). Quaker Capital Invs Ltd Limited Liability Company accumulated 480,425 shares or 7.37% of the stock. Whittier Of Nevada holds 0% or 600 shares. Raymond James Fincl Serv Advsr stated it has 8,961 shares or 0% of all its holdings. Legal & General Group Inc Pcl reported 38,178 shares. Chesapeake Asset Mngmt Limited Liability has invested 0.42% in EchoStar Corporation (NASDAQ:SATS). Barclays Pcl owns 0.01% invested in EchoStar Corporation (NASDAQ:SATS) for 199,940 shares. North Run Limited Partnership reported 4.97% stake. Moreover, Voya Investment Management Lc has 0% invested in EchoStar Corporation (NASDAQ:SATS) for 10,028 shares. Natixis owns 7,655 shares. Moreover, Engineers Gate Manager Limited Partnership has 0.14% invested in EchoStar Corporation (NASDAQ:SATS). Highbridge Cap Management owns 0.15% invested in EchoStar Corporation (NASDAQ:SATS) for 138,736 shares. Canada Pension Plan Inv Board owns 46,400 shares or 0% of their US portfolio.

The stock of Echostar Corporation (NASDAQ:SATS) registered an increase of 1.95% in short interest. SATS’s total short interest was 914,400 shares in May as published by FINRA. Its up 1.95% from 896,900 shares, reported previously. With 306,700 shares average volume, it will take short sellers 3 days to cover their SATS’s short positions. The short interest to Echostar Corporation’s float is 1.93%.

The stock increased 4.51% or $1.77 during the last trading session, reaching $41.02. About 216,901 shares traded. EchoStar Corporation (NASDAQ:SATS) has declined 31.08% since May 8, 2018 and is downtrending. It has underperformed by 35.45% the S&P500.

EchoStar Corporation offers satellite operations, video delivery solutions, digital set-top boxes, and broadband satellite technologies and services for home and small office clients worldwide. The company has market cap of $3.91 billion. The firm operates in three divisions: Hughes, EchoStar Technologies, and EchoStar Satellite Services. It currently has negative earnings. The Hughes segment provides satellite broadband Internet access and satellite technologies to North American consumer market; and broadband network technologies, managed services, equipment, and communications solutions to enterprise and government customers.

More notable recent EchoStar Corporation (NASDAQ:SATS) news were published by: Nasdaq.com which released: “Satellite and Communication Stock Outlook: Prospects Alluring – Nasdaq” on August 23, 2018, also Seekingalpha.com with their article: “EchoStar Corp. (SATS) CEO Mike Dugan on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 08, 2018, Prnewswire.com published: “EchoStar Announces Financial Results for Three Months Ended March 31, 2019 – PRNewswire” on May 08, 2019. More interesting news about EchoStar Corporation (NASDAQ:SATS) were released by: Finance.Yahoo.com and their article: “Here’s What Hedge Funds Think About Ritchie Bros. Auctioneers Incorporated (RBA) – Yahoo Finance” published on April 25, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Hedge Funds Think About IBERIABANK Corporation (IBKC) – Yahoo Finance” with publication date: April 25, 2019.

EchoStar Corporation (NASDAQ:SATS) Institutional Positions Chart

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