Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB) Sees Large Decrease in Short Interest

Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 442 shares, a decline of 37.7% from the September 30th total of 710 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 72 shares, the days-to-cover ratio is currently 6.1 days.

Atlanta Braves Stock Performance

OTCMKTS:BATRB remained flat at $72.00 during mid-day trading on Monday. Atlanta Braves has a 12-month low of $54.50 and a 12-month high of $82.45. The stock has a market capitalization of $4.52 billion, a price-to-earnings ratio of -71.29 and a beta of 0.19. The business has a 50 day simple moving average of $69.69 and a two-hundred day simple moving average of $63.69.

Atlanta Braves (OTCMKTS:BATRB) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.19) EPS for the quarter.

Atlanta Braves Company Profile

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves, a Major League Baseball franchise based in Atlanta, Georgia. The organization generates revenue through baseball operations, including ticket sales, premium seating, concessions, sponsorships, advertising, broadcasting, licensing, merchandising and other game-day activities.

The Braves play at Truist Park, which opened in 2017 in Cobb County, Georgia. The company also owns and operates The Battery Atlanta, a mixed-use development adjacent to the ballpark that includes restaurants, retail stores, office space, residential properties, entertainment venues and hospitality offerings.

The franchise traces its history to 1871 and has represented Boston, Milwaukee and Atlanta during its history.