Activision Blizzard Incorporated (NASDAQ:ATVI) Shorted Shares Decreased By 16.03%

December 7, 2017 - By Peter Erickson

 Activision Blizzard Incorporated (NASDAQ:ATVI) Shorted Shares Decreased By 16.03%

Investors sentiment increased to 1.15 in 2017 Q2. Its up 0.24, from 0.91 in 2017Q1. It increased, as 53 investors sold Activision Blizzard, Inc. shares while 215 reduced holdings. 98 funds opened positions while 210 raised stakes. 639.89 million shares or 1.59% less from 650.21 million shares in 2017Q1 were reported.
Ccm Inv Advisers Limited Liability Corp stated it has 1.93% in Activision Blizzard, Inc. (NASDAQ:ATVI). Sumitomo Mitsui Trust Holdg Incorporated owns 2.21M shares or 0.19% of their US portfolio. Caxton Associate Limited Partnership reported 216,000 shares stake. Citigroup invested in 458,235 shares. Livforsakringsbolaget Skandia Omsesidigt accumulated 0.06% or 11,307 shares. Axiom Investors Limited De holds 555,548 shares or 0.77% of its portfolio. Nordea Invest Mngmt reported 0.01% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI). United Kingdom-based Kames Public Limited Co has invested 0% in Activision Blizzard, Inc. (NASDAQ:ATVI). 14,887 were accumulated by Centurylink Mgmt Company. Moreover, Ahl Llp has 0.18% invested in Activision Blizzard, Inc. (NASDAQ:ATVI) for 145,635 shares. Norinchukin Bancshares The owns 48,118 shares. Northwestern Mutual Wealth Management holds 0% of its portfolio in Activision Blizzard, Inc. (NASDAQ:ATVI) for 9,984 shares. Asset Mgmt One stated it has 1.12 million shares. Bailard owns 11,402 shares for 0.05% of their portfolio. Moreover, Kingfisher Cap Limited Company has 1.36% invested in Activision Blizzard, Inc. (NASDAQ:ATVI).

The stock of Activision Blizzard Incorporated (NASDAQ:ATVI) registered a decrease of 16.03% in short interest. ATVI’s total short interest was 12.33M shares in December as published by FINRA. Its down 16.03% from 14.68 million shares, reported previously. With 5.15 million shares average volume, it will take short sellers 2 days to cover their ATVI’s short positions. The short interest to Activision Blizzard Incorporated’s float is 1.78%.

The stock increased 1.17% or $0.71 during the last trading session, reaching $61.46. About 4.95M shares traded. Activision Blizzard, Inc. (NASDAQ:ATVI) has risen 47.83% since December 7, 2016 and is uptrending. It has outperformed by 31.13% the S&P500.

Activision Blizzard, Inc. develops and publishes games for video game consoles, personal computers , mobile devices, and online social platforms. The company has market cap of $46.47 billion. The firm operates through three divisions: Activision Publishing, Inc., Blizzard Entertainment, Inc., and King Digital Entertainment. It has a 42.1 P/E ratio. The firm develops, publishes, and sells interactive software products and entertainment content through retail channels or digital downloads; and downloadable content.

Activision Blizzard, Inc. (NASDAQ:ATVI) Ratings Coverage

Among 28 analysts covering Activision Blizzard (NASDAQ:ATVI), 22 have Buy rating, 0 Sell and 6 Hold. Therefore 79% are positive. Activision Blizzard had 115 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, August 18 by Argus Research. Argus Research maintained Activision Blizzard, Inc. (NASDAQ:ATVI) on Wednesday, November 11 with “Buy” rating. The firm has “Outperform” rating given on Friday, February 12 by Wedbush. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Neutral” rating given on Wednesday, November 8 by Hilliard Lyons. The firm has “Market Perform” rating by BMO Capital Markets given on Wednesday, April 27. M Partners maintained Activision Blizzard, Inc. (NASDAQ:ATVI) on Monday, July 27 with “Buy” rating. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) earned “Hold” rating by Zacks on Friday, August 7. The rating was maintained by Stifel Nicolaus on Monday, July 10 with “Buy”. The firm has “Hold” rating given on Friday, August 4 by BMO Capital Markets. Jefferies maintained it with “Buy” rating and $78.0 target in Friday, October 6 report.

More notable recent Activision Blizzard, Inc. (NASDAQ:ATVI) news were published by: Investorplace.com which released: “Why Activision Blizzard, Inc. Stock Looks Risky Here” on November 16, 2017, also Investorplace.com with their article: “Activision Blizzard, Inc. Stock Charges a High Price for Low Growth” published on November 20, 2017, Investorplace.com published: “It’s Game On for Activision Blizzard, Inc. Bulls” on December 01, 2017. More interesting news about Activision Blizzard, Inc. (NASDAQ:ATVI) were released by: Seekingalpha.com and their article: “Why King’s New Mobile Ad Business Matters For Activision Blizzard” published on December 04, 2017 as well as Seekingalpha.com‘s news article titled: “Activision Blizzard: Play On A Pullback” with publication date: November 22, 2017.

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