Autohome Inc. (NYSE:ATHM – Get Free Report) 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 %
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.
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.
- Five stocks we like better than Autohome
- What is the NASDAQ Stock Exchange?
- 3 large caps with red hot RSIs with upside
- The How And Why of Investing in Oil Stocks
- Johnson Controls International: Nothing but upside for investors
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Unity Software’s resilient rebound post-earnings setback
Receive News & Ratings for Autohome Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autohome and related companies with MarketBeat.com's FREE daily email newsletter.