Autohome Inc. (NYSE:ATHM) Short Interest Update – MarketBeat

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Autohome Inc. (NYSE:ATHM – Get Rating) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 1,980,000 shares, an increase of 54.7% from the November 30th total of 1,280,000 shares. Approximately 1.6% of the shares of the company are sold short. Based on an average daily trading volume, of 631,600 shares, the days-to-cover ratio is currently 3.1 days.

Wall Street Analyst Weigh In

A number of research analysts have commented on ATHM shares. StockNews.com raised Autohome from a “hold” rating to a “buy” rating in a report on Friday, December 16th. Jefferies Financial Group reduced their target price on Autohome from $56.00 to $49.00 in a report on Monday, October 24th. Finally, Daiwa Capital Markets reduced their target price on Autohome from $46.00 to $43.00 in a report on Wednesday, October 26th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Autohome presently has an average rating of “Moderate Buy” and an average target price of $40.93.

Autohome Stock Down 1.4 %

Autohome stock traded down $0.43 during trading hours on Friday, hitting $30.60. The stock had a trading volume of 301,120 shares, compared to its average volume of 645,853. The stock has a market cap of $3.84 billion, a price-to-earnings ratio of 17.39 and a beta of 0.23. Autohome has a one year low of $20.49 and a one year high of $40.89. The business’s 50 day simple moving average is $29.81 and its 200-day simple moving average is $32.62.

Hedge Funds Weigh In On Autohome

Large investors have recently bought and sold shares of the company. HM Payson & Co. bought a new position in Autohome in the first quarter valued at about $27,000. Desjardins Global Asset Management Inc. bought a new position in shares of Autohome during the second quarter worth about $46,000. Wipfli Financial Advisors LLC bought a new position in shares of Autohome during the third quarter worth about $47,000. FMR LLC raised its position in shares of Autohome by 169.4% during the second quarter. FMR LLC now owns 1,770 shares of the information services provider’s stock worth $70,000 after acquiring an additional 1,113 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its position in shares of Autohome by 93.0% during the third quarter. Quadrant Capital Group LLC now owns 3,593 shares of the information services provider’s stock worth $103,000 after acquiring an additional 1,731 shares during the last quarter. 47.76% of the stock is currently owned by institutional investors.

Autohome Company Profile

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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.

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