The number of Comcast Corp. (NASDAQ: CMCSA) shares short totaled almost 58.45 million at mid-month. That was more than 8 million fewer than two weeks earlier, which was the greatest level of short interest since June. The most recent figure represented 1.3% of the total float. At the posted average daily trading volume, it would take less than two days to cover all short positions.
Comcast is among the top dividend stock picks at Merrill Lynch. Short sellers watched its stock retreat about 9% in the most recent period, though it has regained some of that ground since then. Tuesday’s closing share price was $37.81, which is up more than 9% year to date. In the past year, the shares have traded between $30.02 and $42.18 apiece.
Successful Trading is the art of minimizing long term risk and maximizing capital allocation.
Recent CMCSA News
- Rogers to Adopt Comcast’s Industry-Leading Network Design Across Its Footprint • Business Wire • 09/24/2024 06:00:00 PM
- New Global Research Defines Four Key Components of Premium Multiscreen TV Content • Business Wire • 09/24/2024 12:00:00 PM
- Comcast Leverages Edge Compute to Enhance Streaming Experience for Consumers and Create a Standardized Platform for Content Delivery on Its Network • Business Wire • 09/24/2024 11:00:00 AM
- Form FWP - Filing under Securities Act Rules 163/433 of free writing prospectuses • Edgar (US Regulatory) • 09/23/2024 09:08:58 PM
- Comcast Is Harnessing Leading-Edge Cloud and AI Tech to Transform the Way Its Network Delivers Next-Generation Internet Experiences • Business Wire • 09/23/2024 07:11:00 PM
- Elevating Business and Art: Comcast Business Unveils Mobile Masterpieces with Local Artists Throughout Chicago • PR Newswire (US) • 09/23/2024 05:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/23/2024 10:40:00 AM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 09/23/2024 10:07:38 AM
- Comcast Offers New Free Streaming App The Network on Its Entertainment Platforms in Partnership With Actor/Entrepreneur/Activist John Leguizamo • Business Wire • 09/19/2024 04:43:00 PM
- Comcast to Host Third Quarter 2024 Earnings Conference Call • Business Wire • 09/19/2024 02:00:00 PM
- Comcast Advertising Names Scott Weisenthal as Head of Global Marketing and Insights • Business Wire • 09/19/2024 12:00:00 PM
- Comcast Launches New Free Streaming App The Network on Its Entertainment Platforms in Partnership With Actor/Entrepreneur/Activist John Leguizamo • Business Wire • 09/18/2024 06:20:00 PM
- FreeWheel and NBCU’s Programmatic Partnership For Paris 2024 Summer Olympics and Paralympics Contributes to Record-Breaking Streaming Event for Advertisers • Business Wire • 09/12/2024 12:00:00 PM
- “Two Beats, One Soul” Unites Artists From the U.S. and Cuba to Bring the Influence of Cuban Music and Culture to Comcast’s Black Experience on Xfinity Platform • Business Wire • 09/11/2024 05:39:00 PM
- FreeWheel Selects Samba TV as Premier ACR Partner to Help Advertisers Target Audiences in Real-Time Across Linear, Streaming, and On Demand Content • Business Wire • 09/11/2024 12:00:00 PM
- Comcast’s MachineQ Unveils a Power Monitoring Solution Enabling Companies with Consumption Data to Manage Energy Use • Business Wire • 09/03/2024 02:00:00 PM
- United Way of Greater Philadelphia and Southern New Jersey Launches Center for Leadership Equity • Business Wire • 08/27/2024 01:05:00 PM
- Fourth Class of Comcast NBCUniversal SportsTech Secures 15 Business Deals with Consortium Partners • Business Wire • 08/27/2024 12:00:00 PM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 08/22/2024 08:09:41 PM
- Comcast Expands Gigabit-Speed Fiber Network to Nearly 73,000 Homes and Businesses in Stratford, Norwalk and Wilton • Business Wire • 08/22/2024 01:01:00 PM
- FreeWheel Names Industry Veteran Kris Magel as New Head of Global Agency Partnerships • Business Wire • 08/22/2024 12:00:00 PM
- DSPolitical and Beeswax Announce First-to-Market Partnership to Revolutionize Voter Targeting Through Advanced CTV Technology • Business Wire • 08/21/2024 12:00:00 PM
- Xfinity Rewards Members Get Early Access to Call of Duty®: Black Ops 6 Open Beta • Business Wire • 08/19/2024 04:00:00 PM
- Comcast Turbo-Charges Network in Holyoke, Longmeadow, West Springfield and Westfield with 2 Gigabit Speeds Now Available to All Customers • Business Wire • 08/19/2024 01:30:00 PM
- Go Addressable Releases New Research Demonstrating the Importance of Addressable TV Advertising Among Adults 18-34 Amid Signal Loss • Business Wire • 08/15/2024 12:00:00 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM