Short Interest in Entravision Jumps 29.4% While Insiders Dump 920,000 Shares

EVCEVC

Short interest in Entravision Communications rose 29.4% to 717,379 shares as of December 15, lifting the days-to-cover ratio to 1.8 days. Insiders sold 920,000 shares this quarter, including COO Liberman Jeffery’s sale of 85,108 shares at $3.29 and Alexandra Seros’s sale of 157,817 shares at $2.75.

1. Sharp Rise in Short Interest

Entravision Communications saw short interest increase by 29.4% in December, rising from 554,566 shares on November 30th to 717,379 shares as of December 15th. With an average daily trading volume of 400,857 shares, the company’s days-to-cover ratio stands at 1.8 days. Short positions now represent 0.9% of outstanding shares, marking the highest level of bearish positioning since mid-year and signaling growing skepticism among hedge funds and momentum traders.

2. Significant Insider Divestment

Chief Operating Officer Liberman A. Jeffery sold 85,108 shares on December 10th, reducing his stake by 40.25% to 126,316 shares. Major shareholder Alexandra Seros sold 157,817 shares on November 6th, a 1.39% decline in her position, leaving her with 11,162,326 shares. In total, insiders unloaded 920,000 shares in the last quarter, and insider ownership now accounts for 8.54% of the company’s equity, the lowest level in two years.

3. Institutional Ownership Trends

Institutional investors control 69.46% of Entravision’s shares. In Q1, Nuveen LLC established a new position valued at approximately $366,000. During Q2, American Century Companies increased its holding by 10.7% to 10,202,560 shares, while R Squared Ltd initiated a position valued at $44,000. Corsair Capital Management boosted its stake by 285.4% to 100,985 shares. Goldman Sachs Group added 14.0%, taking its total to 595,685 shares. These moves reflect a mix of strategic accumulation and selective trimming ahead of year-end.

4. Analyst Sentiment and Stock Metrics

Weiss Ratings reaffirmed its sell rating on Entravision shares, leaving the consensus at a single Sell recommendation. The company reported a quarterly loss per share of $0.11 on revenue of $120.63 million, with a negative net margin of 27.9% and return on equity of –66.1%. The balance sheet shows a current ratio of 1.74 and debt-to-equity of 1.95. Management has declared a quarterly dividend of $0.05, annualized at $0.20, representing a 6.8% yield and a payout ratio of –15.4%.

Sources

DD