Entravision Communications Co. (NYSE:EVC) Short Interest Update

Entravision Communications Co. (NYSE:EVC) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 1,180,000 shares, a growth of 5.4% from the November 30th total of 1,120,000 shares. Based on an average daily trading volume, of 323,500 shares, the short-interest ratio is presently 3.6 days.

Institutional Investors Weigh In On Entravision Communications

A number of institutional investors have recently added to or reduced their stakes in EVC. Founders Financial Securities LLC bought a new stake in shares of Entravision Communications in the 2nd quarter worth about $33,000. SG Americas Securities LLC grew its stake in Entravision Communications by 67.9% during the third quarter. SG Americas Securities LLC now owns 21,451 shares of the company’s stock worth $44,000 after buying an additional 8,674 shares during the last quarter. Fidelis Capital Partners LLC bought a new stake in Entravision Communications during the second quarter worth about $46,000. Factorial Partners LLC acquired a new stake in shares of Entravision Communications during the third quarter worth approximately $52,000. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Entravision Communications by 122.9% in the second quarter. The Manufacturers Life Insurance Company now owns 29,154 shares of the company’s stock valued at $59,000 after acquiring an additional 16,072 shares during the last quarter. 69.46% of the stock is owned by institutional investors and hedge funds.

Entravision Communications Trading Down 1.3 %

Shares of Entravision Communications stock opened at $2.32 on Friday. The company’s fifty day moving average price is $2.42 and its two-hundred day moving average price is $2.16. The firm has a market capitalization of $208.77 million, a PE ratio of -1.87 and a beta of 0.97. Entravision Communications has a 52-week low of $1.33 and a 52-week high of $4.41. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.70 and a quick ratio of 2.70.

Entravision Communications Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 8.62%. The ex-dividend date was Monday, December 16th. Entravision Communications’s dividend payout ratio (DPR) is presently -16.13%.

Entravision Communications Company Profile

Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.