Today’s Shorts Alert: Is Buying Shaw Communications Incorporated (NYSE:SJR), Having Lower Short Interest a Winning Strategy?

November 16, 2016 - By Linda Rogers   ·   0 Comments

Today's Shorts Alert: Is Buying Shaw Communications Incorporated (NYSE:SJR), Having Lower Short Interest a Winning Strategy?

The stock of Shaw Communications Incorporated (NYSE:SJR) registered a decrease of 2.65% in short interest. SJR’s total short interest was 6.61 million shares in November as published by FINRA. Its down 2.65% from 6.79 million shares, reported previously. With 358,900 shares average volume, it will take short sellers 18 days to cover their SJR’s short positions. The short interest to Shaw Communications Incorporated’s float is 1.5%. The stock increased 0.84% or $0.16 during the last trading session, hitting $19.2. Shaw Communications Inc (USA) (NYSE:SJR) has risen 4.92% since April 14, 2016 and is uptrending. It has outperformed by 0.23% the S&P500.

Shaw Communications Inc. is a communication company. The company has a market cap of $9.31 billion. The Company’s operating divisions are Consumer, Business Network Services, Business Infrastructure Services and Media. It has a 29.53 P/E ratio. The Consumer division provides cable telecommunications services, including video, Internet, wireless fidelity (WiFi) and digital phone, and satellite video to Canadian consumers.

Shaw Communications Inc (USA) (NYSE:SJR) Ratings Coverage

Out of 3 analysts covering Shaw Comms (NYSE:SJR), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Shaw Comms has been the topic of 5 analyst reports since October 20, 2015 according to StockzIntelligence Inc. The stock has “Equal-Weight” rating given by Barclays Capital on Tuesday, April 5. The stock of Shaw Communications Inc (USA) (NYSE:SJR) earned “Sector Perform” rating by RBC Capital Markets on Thursday, December 17. The firm earned “Outperform” rating on Tuesday, October 20 by Macquarie Research. The company was maintained on Friday, October 23 by Barclays Capital. On Friday, October 23 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

More notable recent Shaw Communications Inc (USA) (NYSE:SJR) news were published by: Fool.ca which released: “Shaw Communications Inc.: Don’t Expect Much Dividend Growth” on November 14, 2016, also Fool.ca with their article: “Shaw Communications Inc. Will Disrupt the Moats of the Big 3 Canadian Telecoms” published on November 01, 2016, Fool.ca published: “Is Shaw Communications Inc. a Smart Buy?” on August 31, 2016. More interesting news about Shaw Communications Inc (USA) (NYSE:SJR) were released by: Fool.ca and their article: “Shaw Communications Inc.: A Monthly Dividend Stock With Big Upside Potential?” published on August 11, 2016 as well as Fool.ca‘s news article titled: “Why Shaw Communications Inc. Is Unlike Any Other Telecom” with publication date: August 20, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Linda Rogers


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>