Activision Blizzard Inc (NASDAQ:ATVI) Shorted Shares Increased By 57.28%

November 10, 2018 - By Mona Holcomb

Activision Blizzard, Inc. (NASDAQ:ATVI) Logo

Investors sentiment increased to 1.2 in 2018 Q2. Its up 0.30, from 0.9 in 2018Q1. It is positive, as 51 investors sold Activision Blizzard, Inc. shares while 222 reduced holdings. 95 funds opened positions while 232 raised stakes. 644.93 million shares or 0.98% more from 638.65 million shares in 2018Q1 were reported.
1,577 are owned by Nuwave Invest Mngmt Ltd Limited Liability Company. Blair William & Il accumulated 345,857 shares. Suntrust Banks has invested 0.04% in Activision Blizzard, Inc. (NASDAQ:ATVI). 54,101 were accumulated by Advisers Limited Liability Corporation. American Registered Investment Advisor Inc holds 0.7% or 19,099 shares in its portfolio. Gradient Investments Ltd Liability Co invested in 30 shares. Johnson Gru Inc holds 0% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI) for 418 shares. Highline Capital Mngmt L P invested in 600,000 shares or 1.53% of the stock. 624 were reported by Tci Wealth Inc. Aviance Capital Limited Co reported 13,743 shares or 0.3% of all its holdings. Synovus Fincl accumulated 650 shares. Destination Wealth Management invested in 0% or 124 shares. Steadfast Cap Mngmt Limited Partnership invested in 2.18 million shares. Criterion Cap Mgmt Ltd Limited Liability Company owns 851,565 shares. First Financial In owns 385 shares for 0.02% of their portfolio.

Since May 16, 2018, it had 0 insider purchases, and 3 selling transactions for $4.14 million activity.

The stock of Activision Blizzard Inc (NASDAQ:ATVI) registered an increase of 57.28% in short interest. ATVI’s total short interest was 21.69M shares in November as published by FINRA. Its up 57.28% from 13.79M shares, reported previously. With 6.81M shares average volume, it will take short sellers 3 days to cover their ATVI’s short positions. The short interest to Activision Blizzard Inc’s float is 2.88%.

The stock decreased 12.39% or $7.78 during the last trading session, reaching $55.01. About 34.54M shares traded or 331.96% up from the average. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 21.83% since November 10, 2017 and is uptrending. It has outperformed by 6.21% the S&P500.

Activision Blizzard, Inc. develops and publishes games for video game consoles, personal computers , mobile devices, and online social platforms. The company has market cap of $41.94 billion. The firm operates through three divisions: Activision Publishing, Inc., Blizzard Entertainment, Inc., and King Digital Entertainment. It has a 83.73 P/E ratio. The firm develops, publishes, and sells interactive software products and entertainment content through retail channels or digital downloads; and downloadable content.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Coverage

Among 6 analysts covering Activision Blizzard (NASDAQ:ATVI), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Activision Blizzard had 8 analyst reports since June 18, 2018 according to SRatingsIntel. Morgan Stanley maintained the shares of ATVI in report on Wednesday, July 11 with “Overweight” rating. The firm has “Overweight” rating by Barclays Capital given on Monday, October 15. The rating was maintained by Barclays Capital with “Equal-Weight” on Monday, August 6. The firm has “Overweight” rating given on Monday, June 18 by KeyBanc Capital Markets. The firm has “Overweight” rating by KeyBanc Capital Markets given on Wednesday, October 31. The firm has “Outperform” rating by Wedbush given on Monday, October 1. Bank of America downgraded Activision Blizzard, Inc. (NASDAQ:ATVI) on Friday, August 31 to “Neutral” rating.

More notable recent Activision Blizzard, Inc. (NASDAQ:ATVI) news were published by: Nasdaq.com which released: “5 Trends Explain the Growth of the Video Game Industry” on November 09, 2018, also Benzinga.com with their article: “Oppenheimer Says Latest ‘Call Of Duty’ Game Positions Activision Blizzard For E-Sports Push” published on October 17, 2018, Nasdaq.com published: “Why Electronic Arts Stock Lost 24.5% in October” on November 09, 2018. More interesting news about Activision Blizzard, Inc. (NASDAQ:ATVI) were released by: Benzinga.com and their article: “Rally Fizzles As Apple’s Guidance Seen Weak; Mixed Signals On China Keep Market Buzzing” published on November 05, 2018 as well as Finance.Yahoo.com‘s news article titled: “Stocks – Dow Skids on Global Growth Concerns, but Posts Solid Weekly Gain” with publication date: November 10, 2018.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Chart

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