Short Interest in Twenty-First Century Fox Inc (NASDAQ:FOX) Expands By 30.4%

Twenty-First Century Fox Inc (NASDAQ:FOX) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 9,365,412 shares, a growth of 30.4% from the November 30th total of 7,183,375 shares. Based on an average daily volume of 7,505,095 shares, the short-interest ratio is presently 1.2 days. Currently, 1.9% of the shares of the company are short sold.

In other news, EVP Gerson Zweifach sold 110,728 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $34.90, for a total value of $3,864,407.20. Following the transaction, the executive vice president now directly owns 36,007 shares in the company, valued at $1,256,644.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 39.40% of the stock is currently owned by insiders.

A number of institutional investors have recently bought and sold shares of FOX. State of Wisconsin Investment Board lifted its holdings in Twenty-First Century Fox by 556.4% during the third quarter. State of Wisconsin Investment Board now owns 5,714,957 shares of the company’s stock worth $147,389,000 after buying an additional 4,844,318 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of Twenty-First Century Fox by 185.9% during the second quarter. The Manufacturers Life Insurance Company now owns 5,128,361 shares of the company’s stock worth $142,927,000 after purchasing an additional 3,334,740 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Twenty-First Century Fox by 3.7% during the second quarter. Vanguard Group Inc. now owns 30,550,996 shares of the company’s stock worth $851,456,000 after purchasing an additional 1,077,197 shares in the last quarter. CI Investments Inc. increased its position in shares of Twenty-First Century Fox by 34.4% during the third quarter. CI Investments Inc. now owns 2,850,243 shares of the company’s stock worth $73,508,000 after purchasing an additional 729,959 shares in the last quarter. Finally, FMR LLC increased its position in shares of Twenty-First Century Fox by 24.8% during the second quarter. FMR LLC now owns 2,809,590 shares of the company’s stock worth $78,304,000 after purchasing an additional 557,554 shares in the last quarter. Institutional investors own 23.40% of the company’s stock.

Shares of Twenty-First Century Fox (NASDAQ FOX) opened at $36.37 on Friday. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $67,800.00, a P/E ratio of 22.45 and a beta of 1.37. Twenty-First Century Fox has a twelve month low of $24.30 and a twelve month high of $36.48.

FOX has been the topic of several analyst reports. BidaskClub raised Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Saturday, November 11th. OTR Global upgraded Twenty-First Century Fox to a “positive” rating in a research report on Monday, October 30th. One analyst has rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $34.00.

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Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

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