Beasley Broadcast Group Inc – Class A (NASDAQ:BBGI) Stock Is Shorted More

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Logo

Investors sentiment decreased to 0.8 in 2019 Q1. Its down 0.83, from 1.63 in 2018Q4. It is negative, as 8 investors sold Beasley Broadcast Group, Inc. shares while 17 reduced holdings. 5 funds opened positions while 15 raised stakes. 5.81 million shares or 0.93% more from 5.76 million shares in 2018Q4 were reported.
Penn Cap Mngmt Communication holds 0.07% of its portfolio in Beasley Broadcast Group, Inc. (NASDAQ:BBGI) for 188,777 shares. The Florida-based Zpr Inv Mngmt has invested 0.19% in Beasley Broadcast Group, Inc. (NASDAQ:BBGI). 73,905 are owned by Ubs Oconnor Ltd Llc. Jpmorgan Chase has 89,784 shares. Dimensional Fund Advisors Lp reported 0% stake. Citigroup has 0% invested in Beasley Broadcast Group, Inc. (NASDAQ:BBGI) for 1,993 shares. Barclays Public Limited owns 2,377 shares. Us Fincl Bank De holds 100 shares. Northern Tru owns 82,976 shares for 0% of their portfolio. Vanguard reported 139,446 shares. 200 are owned by Royal Financial Bank Of Canada. Ameritas Invest Prtn Inc accumulated 429 shares. Acadian Asset Management Ltd Liability has invested 0% in Beasley Broadcast Group, Inc. (NASDAQ:BBGI). Teton Advisors has 860,000 shares for 0.34% of their portfolio. Panagora Asset Mngmt stated it has 0% in Beasley Broadcast Group, Inc. (NASDAQ:BBGI).

Since May 6, 2019, it had 3 insider buys, and 0 selling transactions for $77,090 activity. Shares for $32,690 were bought by FOWLER MARK S. BEASLEY GEORGE G bought 6,750 shares worth $25,650.

The stock of Beasley Broadcast Group Inc – Class A (NASDAQ:BBGI) registered an increase of 50.72% in short interest. BBGI’s total short interest was 114,400 shares in June as published by FINRA. Its up 50.72% from 75,900 shares, reported previously. With 26,800 shares average volume, it will take short sellers 4 days to cover their BBGI’s short positions. The short interest to Beasley Broadcast Group Inc – Class A’s float is 1.5%.

The stock decreased 1.89% or $0.06 during the last trading session, reaching $3.12. About 33,815 shares traded. Beasley Broadcast Group, Inc. (NASDAQ:BBGI) has declined 64.41% since June 12, 2018 and is downtrending. It has underperformed by 68.84% the S&P500.

Beasley Broadcast Group, Inc., a radio broadcasting company, operates radio stations in the United States. The company has market cap of $86.95 million. As of March 21, 2017, it owned and operated 63 stations, including 45 FM and 18 AM stations located in 15 large- and mid-size markets. It has a 7.78 P/E ratio.

More notable recent Beasley Broadcast Group, Inc. (NASDAQ:BBGI) news were published by: Globenewswire.com which released: “Beasley Broadcast Group Declares Quarterly Cash Dividend of $0.05 per Share – GlobeNewswire” on December 03, 2018, also Bizjournals.com with their article: “NBC Sports Philadelphia cancels Philly Sports Talk after 21 years on air – Philadelphia Business Journal” published on February 25, 2019, Benzinga.com published: “6 Stocks To Watch For March 5, 2018 – Benzinga” on March 05, 2018. More interesting news about Beasley Broadcast Group, Inc. (NASDAQ:BBGI) were released by: Benzinga.com and their article: “Earnings Scheduled For February 11, 2019 – Benzinga” published on February 11, 2019 as well as Seekingalpha.com‘s news article titled: “Beasley Broadcast Group: Cheap For A Reason – Seeking Alpha” with publication date: January 25, 2019.

Beasley Broadcast Group, Inc. (NASDAQ:BBGI) Institutional Positions Chart

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