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

Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB) was the target of a large drop in short interest in October. As of October 15th, there was short interest totaling 442 shares, a drop 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 daily volume of 72 shares, the days-to-cover ratio is currently 6.1 days.

Atlanta Braves Stock Performance

BATRB stock remained flat at $72.00 during trading on Monday. The company has a market capitalization of $4.52 billion, a P/E ratio of -71.29 and a beta of 0.19. Atlanta Braves has a 1 year low of $54.50 and a 1 year high of $82.45. The company has a 50 day moving average of $69.69 and a 200-day moving average of $63.69.

Atlanta Braves (OTCMKTS:BATRB) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.19) earnings per share 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.