11.96% Less Viacom Inc – Class B (NASDAQ:VIAB) Shares Shorted

June 27, 2018 - By Marcos Kline

Viacom, Inc. (NASDAQ:VIAB) Corporate Logo

Viacom Inc – Class B (NASDAQ:VIAB) had a decrease of its shares shorted by 11.96%. FINRA published in June VIAB’s total 14.26 million shares shorted. The 16.19M previous shares are down with 11.96%. 5 days will cost VIAB with 2.96M average volume to restore its former position. Viacom Inc – Class B’s shares shorted float is 3.99%.

VIAB is reaching $30.025 during the last trading session, after increased 1.13%.Viacom, Inc. has volume of 725,960 shares. Since June 27, 2017 VIAB has declined 21.25% and is downtrending. The stock underperformed the S&P500 by 33.82%.

Viacom, Inc. operates media brands that create entertainment content worldwide.The firm is valued at $12.35 billion. The firm creates television programs, motion pictures, short-form content, games, consumer products, podcasts, live events, and social media experiences.5.99 is the P/E ratio. It operates through two divisions, Media Networks and Filmed Entertainment.

Viacom, Inc. (NASDAQ:VIAB) Ratings Coverage

Total analysts of 14 have positions in Viacom (NASDAQ:VIAB) as follows: 2 rated it a “Buy”, 0 with “Sell” and 12 with “Hold”. The positive are 14%. Since January 2, 2018 according to StockzIntelligence Inc Viacom has 15 analyst reports. On Tuesday, January 2 Barrington downgraded Viacom, Inc. (NASDAQ:VIAB) to “Hold” rating. On Wednesday, February 28 Macquarie Research upgraded Viacom, Inc. (NASDAQ:VIAB) to “Neutral” rating. The company rating was upgraded by Needham on Thursday, March 15. On Monday, February 12 the firm has “Hold” rating given by Deutsche Bank. On Thursday, February 8 the firm has “Buy” rating by Jefferies given. The company rating was maintained by Piper Jaffray on Friday, February 9. On Tuesday, January 2 the firm has “Underperform” rating by Macquarie Research given. On Friday, February 9 RBC Capital Markets upgraded the shares of VIAB in report to “Hold” rating. On Wednesday, February 14 Atlantic Securities upgraded Viacom, Inc. (NASDAQ:VIAB) to “Neutral” rating. On Monday, February 5 the firm has “Hold” rating by Cowen & Co given.

There’s a substantial Viacom, Inc. (NASDAQ:VIAB) news published by Bizjournals.com. It’s an item titled: “‘Daria,’ ‘My Super Sweet 16’ coming to Hulu under Viacom deal” on June 25, 2018.

Viacom, Inc. (NASDAQ:VIAB) Analyst Ratings Chart

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.

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: