Viacom Inc – Class B (NASDAQ:VIAB) Shares Shorted Declined By 11.96%

June 27, 2018 - By Rachel Eickhoff

Viacom, Inc. (NASDAQ:VIAB) Corporate Logo

Viacom Inc – Class B (NASDAQ:VIAB) had a decrease of its shorted shares by 11.96%. FINRA published in June VIAB’s total 14.26 million shorted shares. The 16.19 million previous shares are down with 11.96%. 5 days will cost VIAB with 2.96 million average volume to recover its former position. Viacom Inc – Class B’s shorted shares float is 3.99%.

Ticker’s shares touched $30.025 during the last trading session after 1.13% change.Currently Viacom, Inc. is downtrending after 21.25% change in last June 27, 2017. VIAB has 725,960 shares volume. VIAB underperformed by 33.82% the S&P500.

Viacom, Inc. operates media brands that create entertainment content worldwide.The company has $12.35 billion market cap. The firm creates television programs, motion pictures, short-form content, games, consumer products, podcasts, live events, and social media experiences.The P/E ratio is 5.99. It operates through two divisions, Media Networks and Filmed Entertainment.

Viacom, Inc. (NASDAQ:VIAB) Ratings Coverage

In total 14 analysts cover Viacom (NASDAQ:VIAB). “Buy” rating has 2, “Sell” are 0, while 12 are “Hold”. (NASDAQ:VIAB) has 14% bullish analysts. 15 are the (NASDAQ:VIAB)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Monday, February 5 Cowen & Co maintained Viacom, Inc. (NASDAQ:VIAB) rating. Cowen & Co has “Hold” rating and $36.0 target. On Tuesday, January 2 the firm earned “Underperform” rating by Macquarie Research. On Tuesday, January 2 the rating was downgraded by Barrington to “Hold”. On Sunday, February 11 the firm earned “Hold” rating by BMO Capital Markets. On Thursday, February 8 the stock of Viacom, Inc. (NASDAQ:VIAB) has “Buy” rating given by Jefferies. On Thursday, February 8 the rating was maintained by Guggenheim with “Hold”. On Monday, February 12 the stock of Viacom, Inc. (NASDAQ:VIAB) has “Hold” rating given by Deutsche Bank. The stock rating was upgraded by RBC Capital Markets to “Hold” on Friday, February 9. On Wednesday, February 28 the rating was upgraded by Macquarie Research to “Neutral”. On Friday, February 9 the company was maintained by Piper Jaffray.

There’s a significant Viacom, Inc. (NASDAQ:VIAB) news published by Bizjournals.com. It’s an article titled: “‘Daria,’ ‘My Super Sweet 16’ coming to Hulu under Viacom deal” on June 25, 2018.

Viacom, Inc. (NASDAQ:VIAB) Analyst Ratings Chart

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