Phoenix New Media Limited (NYSE:FENG – Get Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 42,300 shares, a decrease of 16.7% from the November 30th total of 50,800 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 4.5 days.
Analyst Upgrades and Downgrades
Separately, StockNews.com began coverage on shares of Phoenix New Media in a report on Tuesday, December 24th. They set a “hold” rating for the company.
Check Out Our Latest Stock Report on Phoenix New Media
Phoenix New Media Price Performance
About Phoenix New Media
Phoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates through two segments, Net Advertising Services and Paid Services. It offers content and services through PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV.
Featured Stories
- Five stocks we like better than Phoenix New Media
- Best Stocks Under $5.00
- Power Up: Gaming Industry Expansion Fuels Stock Opportunities
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- These 3 Quirky ETFs May Be Strong Plays in 2025
- Upcoming IPO Stock Lockup Period, Explained
- Buffett Takes the Bait; Berkshire Buys More Oxy in December
Receive News & Ratings for Phoenix New Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phoenix New Media and related companies with MarketBeat.com's FREE daily email newsletter.