Comcast Holdings Corp. (NYSE:CCZ) Sees Large Increase in Short Interest

Comcast Holdings Corp. (NYSE:CCZ) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 256 shares, an increase of ? from the June 15th total of 0 shares. Based on an average trading volume of 235 shares, the days-to-cover ratio is presently 1.1 days.

Comcast Stock Performance

Shares of NYSE:CCZ traded down $3.27 during trading hours on Friday, hitting $63.23. 114 shares of the company’s stock traded hands, compared to its average volume of 440. The company’s fifty day simple moving average is $64.34 and its two-hundred day simple moving average is $63.91. Comcast has a 52 week low of $59.00 and a 52 week high of $66.50.

Comcast Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a dividend of $0.4622 per share. The ex-dividend date was Wednesday, July 1st. This is a positive change from Comcast’s previous quarterly dividend of $0.46. This represents a $1.85 dividend on an annualized basis and a yield of 2.9%.

About Comcast

Comcast Corporation is a global media, entertainment and communications company known for its diversified portfolio of services. Through its Comcast Cable division, the company offers high-speed internet, video, voice and mobile services to residential and business customers under the Xfinity and Comcast Business brands. Comcast Cable has built a robust broadband network across the United States, positioning itself as a leading provider of connectivity solutions in both urban centers and suburban markets.

In 2011, Comcast completed its acquisition of media giant NBCUniversal, significantly expanding its presence in content creation and distribution.