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

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EVC. Founders Financial Securities LLC acquired a new stake in shares of Entravision Communications during the second quarter worth $33,000. SG Americas Securities LLC boosted its holdings 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 acquired a new position in shares of Entravision Communications during the 2nd quarter worth about $46,000. Factorial Partners LLC bought a new stake in shares of Entravision Communications in the 3rd quarter valued at about $52,000. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Entravision Communications by 122.9% in the 2nd 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. Institutional investors and hedge funds own 69.46% of the company’s stock.

Entravision Communications Stock Down 1.3 %

Shares of NYSE:EVC opened at $2.32 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.70 and a quick ratio of 2.70. The stock has a market cap of $208.77 million, a price-to-earnings ratio of -1.87 and a beta of 0.97. The company has a 50 day moving average of $2.42 and a 200-day moving average of $2.16. Entravision Communications has a one year low of $1.33 and a one year high of $4.41.

Entravision Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 8.62%. The ex-dividend date was Monday, December 16th. Entravision Communications’s dividend payout ratio 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.