Emmis Communications Corporation – Class A Common (NASDAQ:EMMS) on Focus After Report of Less Shorts

April 5, 2018 - By Adrian Mccoy

Emmis Communications Corporation (NASDAQ:EMMS) Logo

The stock of Emmis Communications Corporation – Class A Common (NASDAQ:EMMS) registered a decrease of 10.54% in short interest. EMMS’s total short interest was 112,900 shares in April as published by FINRA. Its down 10.54% from 126,200 shares, reported previously. With 43,800 shares average volume, it will take short sellers 3 days to cover their EMMS’s short positions. The short interest to Emmis Communications Corporation – Class A Common’s float is 1.29%.

The stock increased 0.22% or $0.01 during the last trading session, reaching $4.52. About 1,081 shares traded. Emmis Communications Corporation (NASDAQ:EMMS) has risen 87.25% since April 5, 2017 and is uptrending. It has outperformed by 75.70% the S&P500.

Emmis Communications Corporation, a diversified media company, engages in radio broadcasting activities in the United States. The company has market cap of $57.72 million. The firm operates in three divisions: Radio, Publishing, and Corporate & Emerging Technologies. It has a 0.92 P/E ratio. It operates 16 FM and 3 AM radio stations in New York, Los Angeles, St.

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