Short Interest in Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) Rises By 5.2%

Atlanta Braves Holdings, Inc. (NASDAQ:BATRA) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 287,300 shares, an increase of 5.2% from the October 31st total of 273,100 shares. Based on an average daily trading volume, of 40,100 shares, the days-to-cover ratio is currently 7.2 days. Currently, 2.9% of the company’s shares are short sold.

Atlanta Braves Trading Down 1.3 %

Shares of NASDAQ:BATRA traded down $0.56 during midday trading on Tuesday, hitting $41.79. 6,349 shares of the stock traded hands, compared to its average volume of 32,262. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.70 and a current ratio of 0.70. Atlanta Braves has a one year low of $39.67 and a one year high of $46.65. The business’s 50 day moving average is $42.47 and its two-hundred day moving average is $43.07.

Institutional Investors Weigh In On Atlanta Braves

Institutional investors and hedge funds have recently bought and sold shares of the business. Alden Global Capital LLC bought a new position in shares of Atlanta Braves during the second quarter valued at approximately $1,301,000. Welch Group LLC bought a new position in Atlanta Braves in the 2nd quarter worth $867,000. Renaissance Technologies LLC lifted its position in shares of Atlanta Braves by 7.9% in the 2nd quarter. Renaissance Technologies LLC now owns 232,900 shares of the financial services provider’s stock worth $9,626,000 after purchasing an additional 17,000 shares during the period. MRP Capital Investments LLC increased its position in shares of Atlanta Braves by 67.5% during the second quarter. MRP Capital Investments LLC now owns 40,075 shares of the financial services provider’s stock valued at $1,656,000 after buying an additional 16,150 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in Atlanta Braves by 2.3% in the first quarter. Vanguard Group Inc. now owns 608,500 shares of the financial services provider’s stock worth $25,496,000 after buying an additional 13,486 shares during the period. Hedge funds and other institutional investors own 12.31% of the company’s stock.

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.