McClatchy Co (MNI) Short Interest Update

Share on StockTwits

McClatchy Co (NYSEAMERICAN:MNI) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 646,674 shares, an increase of 21.5% from the March 29th total of 532,051 shares. Currently, 15.2% of the shares of the company are sold short. Based on an average daily volume of 34,307 shares, the days-to-cover ratio is presently 18.8 days.

MNI stock traded down $0.03 during trading on Thursday, hitting $3.27. The company had a trading volume of 17,303 shares, compared to its average volume of 21,598. McClatchy has a 12 month low of $3.17 and a 12 month high of $10.71.

McClatchy (NYSEAMERICAN:MNI) last announced its quarterly earnings results on Thursday, March 7th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($1.30). The firm had revenue of $212.96 million for the quarter.

Separately, Noble Financial reissued a “hold” rating on shares of McClatchy in a research report on Wednesday, March 13th.

In other McClatchy news, major shareholder Chatham Asset Management, Llc purchased 25,805 shares of the stock in a transaction dated Monday, March 25th. The shares were bought at an average cost of $4.93 per share, with a total value of $127,218.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders bought 151,043 shares of company stock worth $755,952. 34.91% of the stock is currently owned by company insiders.

TRADEMARK VIOLATION WARNING: “McClatchy Co (MNI) Short Interest Update” was reported by BBNS and is the property of of BBNS. If you are reading this report on another publication, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be viewed at https://baseballnewssource.com/2019/04/25/mcclatchy-co-mni-short-interest-update/3376758.html.

About McClatchy

The McClatchy Company publishes newspapers and news Websites in the United States. Its publications include the Miami Herald, The Kansas City Star, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and The (Fort Worth) Star-Telegram. It also provides niche publications and community newspapers, as well as other print and digital direct marketing services.

See Also: How to Use a Moving Average for TradingĀ 

Receive News & Ratings for McClatchy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McClatchy and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.