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

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

Comcast Stock Performance

Shares of CCZ stock traded down $3.49 during mid-day trading on Thursday, hitting $63.01. 107 shares of the stock traded hands, compared to its average volume of 448. Comcast has a 52-week low of $59.00 and a 52-week high of $66.50. The stock’s fifty day moving average is $64.34 and its two-hundred day moving average is $63.91.

Comcast Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were given a dividend of $0.4622 per share. The ex-dividend date of this dividend 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.