Viacom Inc – Class B (NASDAQ:VIAB) Shorts Reduced By 11.96% As Of Jun 27, 2018

June 27, 2018 - By Jeanette Garcia

Viacom, Inc. (NASDAQ:VIAB) Corporate Logo

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

VIAB is hitting $30.025 during the last trading session, after increased 1.13%.Viacom, Inc. has volume of 725,960 shares. Since June 27, 2017 VIAB has declined 21.25% and is downtrending. VIAB underperformed by 33.82% the S&P500.

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

Viacom, Inc. (NASDAQ:VIAB) Ratings Coverage

A total of 14 analysts rate Viacom (NASDAQ:VIAB) as follows: 2 “Buy”, 12 “Hold” and 0 “Sell”. Тherefore 14% are bullish. (NASDAQ:VIAB) has 15 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, January 4 the firm earned “Hold” rating by Wells Fargo. On Thursday, February 8 Jefferies maintained Viacom, Inc. (NASDAQ:VIAB) rating. Jefferies has “Buy” rating and $38.0 target. In Monday, February 12 report Deutsche Bank maintained the stock with “Hold” rating. On Wednesday, February 14 the firm has “Neutral” rating by Atlantic Securities given. On Tuesday, January 2 the company was downgraded by Barrington. On Monday, February 5 the firm has “Hold” rating given by Cowen & Co. The company rating was upgraded by Macquarie Research on Wednesday, February 28. On Wednesday, March 28 the rating was upgraded by Citigroup to “Hold”. The stock rating was maintained by Guggenheim with “Hold” on Thursday, February 8. On Thursday, March 15 the stock of Viacom, Inc. (NASDAQ:VIAB) earned “Buy” rating by Needham.

There’s a significant Viacom, Inc. (NASDAQ:VIAB) news brought out 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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