The stock of Msg Networks Inc (NYSE:MSGN) registered an increase of 6.66% in short interest. MSGN’s total short interest was 11.16 million shares in March as published by FINRA. Its up 6.66% from 10.46M shares, reported previously. With 597,000 shares average volume, it will take short sellers 19 days to cover their MSGN’s short positions. The short interest to Msg Networks Inc’s float is 19.17%.
The stock decreased 2.61% or $0.59 during the last trading session, reaching $22. About 772,793 shares traded or 67.24% up from the average. MSG Networks Inc. (NYSE:MSGN) has declined 2.29% since March 17, 2018 and is downtrending. It has underperformed by 6.66% the S&P500.
MSG Networks Inc. engages in the sports production, and content development and distribution businesses in the United States. The company has market cap of $1.65 billion. The firm owns and operates MSG Network and MSG+, which are regional sports and entertainment networks. It has a 9.12 P/E ratio. It also operates MSG GO that provides live streaming and video on demand, as well as a Website and social media platforms for its brands.
More notable recent MSG Networks Inc. (NYSE:MSGN) news were published by: Seekingalpha.com which released: “MSG Networks – A Nice Little Franchise – Seeking Alpha” on January 30, 2016, also Investorplace.com with their article: “4 Stocks to Bet on as Sports Betting Is Legalized – Investorplace.com” published on June 01, 2018, Globenewswire.com published: “MSG Networks Inc. Reports Fiscal 2019 First Quarter Results – GlobeNewswire” on November 02, 2018. More interesting news about MSG Networks Inc. (NYSE:MSGN) were released by: Globenewswire.com and their article: “MSG Networks Announces Launch of New eSports Series, â€œKnicks Gaming,â€ Profiling the Inaugural Season of New York’s NBA 2K League Team – GlobeNewswire” published on May 02, 2018 as well as Globenewswire.com‘s news article titled: “MSG Networks Inc. to Host Fiscal 2019 Second Quarter Conference Call – GlobeNewswire” with publication date: January 22, 2019.