The Liberty Braves Group (NASDAQ:BATRA – Get Rating) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 382,900 shares, a drop of 6.5% from the October 15th total of 409,600 shares. Based on an average daily trading volume, of 56,200 shares, the short-interest ratio is presently 6.8 days. Approximately 3.9% of the company’s stock are sold short.
Wall Street Analyst Weigh In
Separately, TheStreet upgraded shares of The Liberty Braves Group from a “d+” rating to a “c” rating in a report on Tuesday, August 9th.