Cable One Incorporated (NYSE:CABO) Shorted Shares Increased 17.75% After Market Selling

September 17, 2017 - By Migdalia James

 Cable One Incorporated (NYSE:CABO) Shorted Shares Increased 17.75% After Market Selling

The stock of Cable One Incorporated (NYSE:CABO) registered an increase of 17.75% in short interest. CABO’s total short interest was 202,300 shares in September as published by FINRA. Its up 17.75% from 171,800 shares, reported previously. With 25,000 shares average volume, it will take short sellers 8 days to cover their CABO’s short positions.

The stock increased 0.77% or $5.62 on September 15, reaching $736.74. About 61,849 shares traded or 95.68% up from the average. Cable One Inc (NYSE:CABO) has risen 41.86% since September 17, 2016 and is uptrending. It has outperformed by 25.16% the S&P500.

Cable One, Inc. is a provider of data, video and voice services. The company has market cap of $4.22 billion. The Firm offers products, including Residential Video Services, Residential Data Services, Residential Voice Services, Business Services and Advertising. It has a 39.54 P/E ratio. As of May 1, 2017, the Company provided data, video and voice services in 21 Western, Midwestern and Southern states.

Cable One Inc (NYSE:CABO) Ratings Coverage

Among 4 analysts covering Cable One Inc (NYSE:CABO), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Cable One Inc had 5 analyst reports since July 27, 2015 according to SRatingsIntel. Moffett Nathanson downgraded Cable One Inc (NYSE:CABO) on Wednesday, January 4 to “Sell” rating. On Wednesday, August 9 the stock rating was maintained by Raymond James with “Outperform”. The company was initiated on Monday, July 27 by Wells Fargo.

More notable recent Cable One Inc (NYSE:CABO) news were published by: Seekingalpha.com which released: “Cable One completes acquisition of NewWave Communications” on May 01, 2017, also Seekingalpha.com with their article: “Cable ONE’s (CABO) CEO Julia Laulis on Q2 2017 Results – Earnings Call Transcript” published on August 12, 2017, Nasdaq.com published: “Cable ONE (CABO) Lags Q2 Earnings, Tops Revenue Estimates” on August 08, 2017. More interesting news about Cable One Inc (NYSE:CABO) were released by: Seekingalpha.com and their article: “Cable One Has More Room To Run” published on March 27, 2017 as well as Reuters.com‘s news article titled: “Cable One to buy privately held NewWave for $735 million” with publication date: January 18, 2017.

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.