Autohome Inc. (NYSE:ATHM) Short Interest Update

Autohome Inc. (NYSE:ATHM) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,480,000 shares, an increase of 5.7% from the October 15th total of 1,400,000 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 392,800 shares, the days-to-cover ratio is currently 3.8 days.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Autohome from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th.

Autohome Stock Down 1.5 %

Shares of NYSE:ATHM traded down $0.41 during trading on Friday, reaching $26.82. 451,199 shares of the company traded hands, compared to its average volume of 477,150. Autohome has a 1-year low of $25.84 and a 1-year high of $38.91. The firm has a market cap of $3.37 billion, a P/E ratio of 11.56 and a beta of 0.24. The firm has a fifty day simple moving average of $28.49 and a 200 day simple moving average of $29.43.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Diversified Trust Co acquired a new position in shares of Autohome during the 3rd quarter valued at about $404,000. Royal Bank of Canada grew its holdings in Autohome by 25.8% during the third quarter. Royal Bank of Canada now owns 64,643 shares of the information services provider’s stock valued at $1,962,000 after purchasing an additional 13,276 shares during the last quarter. Sei Investments Co. raised its position in shares of Autohome by 15.1% in the third quarter. Sei Investments Co. now owns 275,759 shares of the information services provider’s stock valued at $8,370,000 after purchasing an additional 36,092 shares during the period. Trexquant Investment LP lifted its stake in shares of Autohome by 487.0% in the third quarter. Trexquant Investment LP now owns 57,542 shares of the information services provider’s stock worth $1,746,000 after buying an additional 47,740 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC bought a new stake in shares of Autohome during the 3rd quarter worth $296,000. Institutional investors and hedge funds own 48.07% of the company’s stock.

About Autohome

Autohome Inc operates as an online destination for automobile consumers in the People's Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps.