AT&T Inc (NYSE:T) Shares Shorted Increased By 12.6%

June 26, 2018 - By Matthew Medley

AT&T Inc. (NYSE:T) Corporate Logo

Big Money Sentiment increased to 0.92 in Q1 2018. It has change of 0.01, from 2017Q4’s 0.91. The ratio increased due to AT&T Inc. positioning: 76 sold and 695 reduced. 122 funds bought holdings and 585 increased holdings. Investors holded 3.09 billion in 2017Q4 but now own 3.08 billion shares or 0.35% less.
James Inv Research has 0.38% invested in AT&T Inc. (NYSE:T). Tru Communication Of Virginia Va invested in 1.55% or 303,836 shs. Fin Counselors stated it has 693,145 shs. Sun Life Inc has invested 0% in AT&T Inc. (NYSE:T). Renaissance Grp Inc Ltd Co holds 56,547 shs. Sigma Planning reported 0.67% in AT&T Inc. (NYSE:T). Mcdaniel Terry And Company holds 0.07% of its capital in AT&T Inc. (NYSE:T) for 11,068 shs. 77,629 were accumulated by First Dallas Securities Inc. Ghp Inv Advsrs reported 0.64% of its capital in AT&T Inc. (NYSE:T). The Japan-based Asset Management One Ltd has invested 0.82% in AT&T Inc. (NYSE:T). Tower Rech Limited Liability Company (Trc) accumulated 0% or 900 shs. Wendell David stated it has 70,175 shs. Hartford Invest, a Connecticut-based fund reported 1.29M shs. 7,550 were reported by Independent Order Of Foresters. Hamlin Cap Mgmt Limited Liability Company stated it has 6.12M shs.

It was noted an increase on AT&T Inc (NYSE:T)’s shorted shares with 12.6%. It was announced in June by FINRA the 192.50 million shorted shares on T. The up change of 12.6% from 170.96M shares was reported. With Average volume 38.52 million, T’s former position will take 5 days to recover. Float short on AT&T Inc is 3.14%.

T hit $31.47 during the last trading session after $0.24 change.AT&T Inc. has volume of 18.88 million shares. Since June 26, 2017 T has declined 14.96% and is downtrending. T underperformed by 27.53% the S&P500.

AT&T Inc. provides telecommunications and digital entertainment services.The company has $230.55 billion market cap. The firm operates through four divisions: Business Solutions, Entertainment Group, Consumer Mobility, and International.6.35 is the P/E ratio. The Business Solutions segment offers wireless, fixed strategic, legacy voice and data, wireless equipment, and other services to business, governmental, and wholesale customers, as well as individual subscribers.

AT&T Inc. (NYSE:T) Ratings Coverage

A total of 18 analysts rate AT&T Inc. (NYSE:T) as follows: 5 “Buy”, 12 “Hold” and 1 “Sell”. Тherefore 28% are bullish. (NYSE:T) has 21 ratings reports on Jun 26, 2018 according to StockzIntelligence. On Wednesday, June 13 the firm has “Sell” rating by Moffett Nathanson given. In Thursday, February 1 report Cowen & Co maintained it with “Hold” rating and $41.0 target. In Friday, April 20 report Scotia Capital maintained it with “Hold” rating and $3900 target. On Tuesday, January 2 the firm earned “Sector Weight” rating by KeyBanc Capital Markets. On Friday, April 13 Barclays Capital maintained AT&T Inc. (NYSE:T) with “Equal-Weight” rating. In Thursday, February 1 report SunTrust maintained it with “Hold” rating and $40.0 target. On Wednesday, June 13 the firm earned “Outperform” rating by Oppenheimer. On Friday, March 23 the stock has “Outperform” rating by Wells Fargo. On Friday, February 2 the rating was maintained by Bank of America with “Neutral”. On Tuesday, May 1 the stock has “Hold” rating by Deutsche Bank.

For more AT&T Inc. (NYSE:T) news brought out briefly go to: Bizjournals.com, Seekingalpha.com, Seekingalpha.com, 247Wallst.com or Seekingalpha.com. The titles are as follows: “See which Houston public cos. were the biggest winners, losers for job growth since 2009” brought out on June 25, 2018, “To T Or Not To T, That Is The Question” on June 22, 2018, “AT&T transfers data center colocation business for $1.1B” with a publish date: June 21, 2018, “AT&T Moves to Acquire AppNexus” and the last “AT&T’s Merger Creates A Buying Opportunity” with publication date: June 15, 2018.

AT&T Inc. (NYSE:T) Analyst Ratings Chart

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