Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) Short Interest Up 7.7% in November

Atlanta Braves Holdings, Inc. (NASDAQ:BATRK) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 2,090,000 shares, an increase of 7.7% from the November 15th total of 1,940,000 shares. Currently, 5.7% of the company’s shares are short sold. Based on an average daily trading volume, of 321,200 shares, the days-to-cover ratio is currently 6.5 days.

Atlanta Braves Stock Up 0.5 %

NASDAQ:BATRK traded up $0.18 during trading hours on Tuesday, reaching $39.93. The company had a trading volume of 21,079 shares, compared to its average volume of 234,041. Atlanta Braves has a twelve month low of $36.74 and a twelve month high of $44.42. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of -54.45 and a beta of 0.68. The business’s 50-day simple moving average is $40.23 and its two-hundred day simple moving average is $40.81.

Institutional Trading of Atlanta Braves

Several large investors have recently made changes to their positions in BATRK. Harvey Partners LLC boosted its holdings in Atlanta Braves by 14.6% in the third quarter. Harvey Partners LLC now owns 507,000 shares of the financial services provider’s stock worth $20,179,000 after acquiring an additional 64,500 shares in the last quarter. HBK Investments L P lifted its holdings in shares of Atlanta Braves by 57.0% in the 3rd quarter. HBK Investments L P now owns 480,000 shares of the financial services provider’s stock worth $19,104,000 after purchasing an additional 174,300 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Atlanta Braves in the 2nd quarter valued at $1,177,000. Harbor Capital Advisors Inc. increased its stake in Atlanta Braves by 76.9% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 315,424 shares of the financial services provider’s stock valued at $12,554,000 after purchasing an additional 137,124 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Atlanta Braves by 19.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 178,903 shares of the financial services provider’s stock valued at $7,056,000 after purchasing an additional 28,879 shares in the last quarter. 64.88% of the stock is currently owned by institutional investors and hedge funds.

Atlanta Braves Company Profile

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.