Comcast Holdings Corp. (NYSE:CCZ – Get Free Report) was the recipient of a large growth in short interest in the month of 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 trading volume, of 235 shares, the days-to-cover ratio is presently 1.1 days.
Comcast Stock Performance
Shares of CCZ stock traded down $2.32 on Wednesday, reaching $64.18. The stock had a trading volume of 107 shares, compared to its average volume of 448. Comcast has a 1 year low of $59.00 and a 1 year high of $66.50. The company has a 50 day simple moving average of $64.42 and a 200 day simple moving average of $63.89.
Comcast Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.4622 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.85 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from Comcast’s previous quarterly dividend of $0.46.
Comcast Company Profile
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.
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