What’s in Alphabet Class C Capital Stock (NASDAQ:GOOG) After Rise in Shorted Shares?

January 20, 2018 - By Louis Casey

 What’s in Alphabet Class C Capital Stock (NASDAQ:GOOG) After Rise in Shorted Shares?

Investors sentiment increased to 1 in Q3 2017. Its up 0.08, from 0.92 in 2017Q2. It increased, as 4 investors sold Alphabet Inc. shares while 6 reduced holdings. 2 funds opened positions while 8 raised stakes. 98,560 shares or 34.05% less from 149,437 shares in 2017Q2 were reported.
Baxter Bros Incorporated reported 7,006 shares. Amer & Management Communication holds 0.31% of its portfolio in Alphabet Inc. (NASDAQ:GOOG) for 986 shares. M Kraus stated it has 4,524 shares or 2.71% of all its holdings. Anderson Hoagland And Co owns 2,490 shares. New York-based Levy Harkins And Incorporated has invested 4.25% in Alphabet Inc. (NASDAQ:GOOG). Ashford Cap Mngmt Inc holds 0.16% or 1,040 shares. Moreover, Mengis Management Inc has 2.47% invested in Alphabet Inc. (NASDAQ:GOOG). Cohen Cap invested in 240 shares. Moreover, First Bancshares Of Omaha has 0.04% invested in Alphabet Inc. (NASDAQ:GOOG). Horrell Capital Mgmt Inc owns 5 shares for 0% of their portfolio. Grimes invested 0.34% of its portfolio in Alphabet Inc. (NASDAQ:GOOG). Tanaka Capital Mngmt reported 176 shares. Burney Communications invested 0.08% in Alphabet Inc. (NASDAQ:GOOG). Staley Capital Advisers reported 2.22% in Alphabet Inc. (NASDAQ:GOOG). Welch Group Incorporated Ltd Co has invested 0.03% in Alphabet Inc. (NASDAQ:GOOG).

The stock of Alphabet Class C Capital Stock (NASDAQ:GOOG) registered an increase of 4.38% in short interest. GOOG’s total short interest was 3.81 million shares in January as published by FINRA. Its up 4.38% from 3.65 million shares, reported previously. With 1.28 million shares average volume, it will take short sellers 3 days to cover their GOOG’s short positions. The short interest to Alphabet Class C Capital Stock’s float is 0.64%.

The stock increased 0.68% or $7.72 during the last trading session, reaching $1137.51. About 1.78M shares traded or 31.02% up from the average. Alphabet Inc. (NASDAQ:GOOG) has risen 33.37% since January 20, 2017 and is uptrending. It has outperformed by 16.67% the S&P500.

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company has market cap of $793.05 billion. The firm offers performance and brand advertising services. It has a 38.02 P/E ratio. It operates through Google and Other Bets divisions.

Alphabet Inc. (NASDAQ:GOOG) Ratings Coverage

Among 30 analysts covering Google Inc. (NASDAQ:GOOG), 26 have Buy rating, 0 Sell and 4 Hold. Therefore 87% are positive. Google Inc. had 49 analyst reports since July 21, 2015 according to SRatingsIntel. S&P Research maintained it with “Hold” rating and $715 target in Tuesday, August 11 report. The stock has “Positive” rating by Susquehanna on Monday, August 10. Stifel Nicolaus upgraded Alphabet Inc. (NASDAQ:GOOG) on Monday, August 10 to “Hold” rating. The company was maintained on Monday, October 17 by Credit Suisse. The stock has “Outperform” rating by Oppenheimer on Friday, October 27. The stock has “Hold” rating by Stifel Nicolaus on Friday, October 28. The firm has “Buy” rating by Axiom Securities given on Tuesday, August 11. The firm earned “Buy” rating on Friday, October 23 by Nomura. The rating was maintained by Needham on Friday, July 29 with “Buy”. The firm earned “Buy” rating on Wednesday, December 21 by Aegis Capital.

More notable recent Alphabet Inc. (NASDAQ:GOOG) news were published by: Investorplace.com which released: “Alphabet Inc’s Google Home, Chromecast Causing Wi-Fi Outages” on January 17, 2018, also Investorplace.com with their article: “Ads Remain the Most Important Focus for Owners of Alphabet Inc Stock” published on January 17, 2018, Seekingalpha.com published: “Energy Recap: Tackling Renewable Energy’s Biggest Problem – Storage” on January 20, 2018. More interesting news about Alphabet Inc. (NASDAQ:GOOG) were released by: Investorplace.com and their article: “Alphabet Inc Stock Will Continue to Rise… After a Brief Pause” published on January 05, 2018 as well as Investorplace.com‘s news article titled: “Google Strikes Back: Alphabet Inc Plans A Massive Google Assistant Push” with publication date: January 11, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.