Windstream Holdings, Inc. (NASDAQ:WIN) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 36,198,098 shares, an increase of 15.0% from the July 31st total of 31,466,064 shares. Based on an average daily volume of 7,743,461 shares, the days-to-cover ratio is currently 4.7 days. Approximately 19.3% of the shares of the stock are sold short.
Windstream Holdings (WIN) traded down 6.98% during midday trading on Friday, hitting $2.00. The company had a trading volume of 6,604,984 shares. The stock’s market cap is $381.66 million. Windstream Holdings has a 52-week low of $1.87 and a 52-week high of $10.46. The stock’s 50-day moving average price is $2.52 and its 200-day moving average price is $4.50.
Several research firms recently commented on WIN. ValuEngine cut Windstream Holdings from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. BidaskClub raised Windstream Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 31st.
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Windstream Holdings Company Profile
Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.
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