Is Buying ATRESMEDIA CORPORACION DE MEDIOS DE COMU (OTCMKTS:AIOSF), Having Higher Short Interest a Winning Strategy?

June 17, 2018 - By Nellie Frank

Atresmedia Corporación de Medios de Comunicación, S.A. (OTCMKTS:AIOSF) Logo

The stock of ATRESMEDIA CORPORACION DE MEDIOS DE COMU (OTCMKTS:AIOSF) registered an increase of 192.7% in short interest. AIOSF’s total short interest was 437,000 shares in June as published by FINRA. Its up 192.7% from 149,300 shares, reported previously. With 100 shares average volume, it will take short sellers 4370 days to cover their AIOSF’s short positions. The short interest to ATRESMEDIA CORPORACION DE MEDIOS DE COMU’s float is 0.56%.

It closed at $9.38 lastly. It is down 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Atresmedia Corporación de Medios de Comunicación, S.A. engages in television, digital development and multimedia, advertising, cinema, radio, Internet, and events organization businesses in Spain and internationally. The company has market cap of $2.10 billion. It operates 60 television channels and 31 radio stations in 12 countries under the Antena 3, La Sexta, Neox, Nova, Mega Atreseries, Onda Cero, Europa FM, and Onda Melodía brands. It has a 12.88 P/E ratio. The firm also provides publishing services in the areas of culture, education, information, and audiovisual entertainment; operates canalbingo.es, an online gaming site; produces and broadcasts audiovisual products and sports events; and produces films.

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