Cushman & Wakefield plc (NYSE:CWK) Sees Large Decline in Short Interest
From MarketBeat:
Short Interest In Cushman & Wakefield Plc Falls By 14.4%: There was a 14.4% drop in short interest for the company during December, totaling 14,610,000 shares. Currently, 7.3% of the shares are sold short, with the days-to-cover ratio standing at 5.1 days.
Insider Activity: Major shareholder Tpg Gp A, Llc, and LLC insider Nathaniel Robinson engage in stock transactions. Robinson sold 20,000 shares of stock on December 8th.
Hedge Funds Increase Holdings in CWK: Rush Island Management LP and Balyasny Asset Management L.P. acquired new positions in the company. As of Q1, institutional investors and hedge funds own 90.47% of Cushman & Wakefield’s stock.
Cushman & Wakefield Price Performance: Trading at $10.80, Cushman & Wakefield’s 50 day moving average is $8.70. Trading volume was 1,240,700 shares, with a market cap of $2.45 billion.
Quarterly Earnings and Analyst Ratings: The company reported $0.21 EPS last quarter, with earnings and sales that exceeded consensus estimates. Top-rated analysts believe these five stocks are better buys than Cushman & Wakefield.
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