It Seems Dish Network Corporation – Class A (NASDAQ:DISH) Will Go Down. Just Reported More Shorted Shares

April 25, 2018 - By Adrian Mccoy

DISH Network Corporation (NASDAQ:DISH) Logo

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.13, from 1.1 in 2017Q3. It increased, as 39 investors sold DISH Network Corporation shares while 117 reduced holdings. 59 funds opened positions while 133 raised stakes. 217.69 million shares or 1.40% less from 220.79 million shares in 2017Q3 were reported.
Shell Asset Management Company, Netherlands-based fund reported 11,287 shares. Trexquant L P reported 41,328 shares stake. Amp Limited reported 0.02% stake. Landscape Cap Mngmt Limited Liability Company has invested 0.16% in DISH Network Corporation (NASDAQ:DISH). 2,000 are held by Reilly Fin Advsr Limited Liability Corp. Sector Pension Investment Board has 0% invested in DISH Network Corporation (NASDAQ:DISH). State Street Corporation holds 0.03% or 8.79 million shares in its portfolio. Vnbtrust National Association owns 1.6% invested in DISH Network Corporation (NASDAQ:DISH) for 57,275 shares. Citadel Advsr Ltd Liability Company reported 728,190 shares. California State Teachers Retirement Sys holds 374,295 shares. Verition Fund Mgmt Ltd owns 44,355 shares. Cleararc Cap Inc holds 0.04% or 5,822 shares in its portfolio. Bluefin Trading Lc holds 24,271 shares. United Automobile Association stated it has 0.02% of its portfolio in DISH Network Corporation (NASDAQ:DISH). Alpine Woods Capital Invsts Limited Liability Com invested 0.07% of its portfolio in DISH Network Corporation (NASDAQ:DISH).

Since January 5, 2018, it had 0 insider buys, and 5 sales for $284,520 activity. Khemka Vivek had sold 326 shares worth $12,368. 739 shares valued at $27,831 were sold by McSchooler Jeffrey L on Monday, April 2.

The stock of Dish Network Corporation – Class A (NASDAQ:DISH) registered an increase of 4.64% in short interest. DISH’s total short interest was 14.10 million shares in April as published by FINRA. Its up 4.64% from 13.48M shares, reported previously. With 2.55 million shares average volume, it will take short sellers 6 days to cover their DISH’s short positions. The short interest to Dish Network Corporation – Class A’s float is 6.4%.

The stock increased 0.03% or $0.01 during the last trading session, reaching $36.79. About 547,955 shares traded. DISH Network Corporation (NASDAQ:DISH) has declined 40.08% since April 25, 2017 and is downtrending. It has underperformed by 51.63% the S&P500.

DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company has market cap of $17.17 billion. It operates through two divisions, DISH and Wireless. It has a 9.03 P/E ratio. The firm provides video services under the DISH brand.

DISH Network Corporation (NASDAQ:DISH) Ratings Coverage

Among 11 analysts covering Dish Network (NASDAQ:DISH), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Dish Network had 17 analyst reports since October 30, 2017 according to SRatingsIntel. The company was maintained on Monday, November 13 by RBC Capital Markets. The stock of DISH Network Corporation (NASDAQ:DISH) has “Hold” rating given on Wednesday, February 28 by SunTrust. The firm has “Hold” rating given on Thursday, February 22 by Guggenheim. The stock of DISH Network Corporation (NASDAQ:DISH) has “Neutral” rating given on Friday, November 10 by UBS. The firm has “Buy” rating by Cowen & Co given on Monday, March 26. Morgan Stanley maintained the shares of DISH in report on Monday, April 23 with “Equal-Weight” rating. On Monday, October 30 the stock rating was maintained by Jefferies with “Buy”. The firm has “Neutral” rating by Moffett Nathanson given on Friday, March 23. The company was maintained on Monday, April 16 by Barclays Capital. The firm has “Overweight” rating given on Friday, November 10 by Barclays Capital.

DISH Network Corporation (NASDAQ:DISH) Institutional Positions Chart

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