Starz Entertainment Corp. (NASDAQ:STRZ) Short Interest Update

Starz Entertainment Corp. (NASDAQ:STRZ) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 749,840 shares, an increase of 19.2% from the January 29th total of 629,158 shares. Based on an average daily trading volume, of 118,595 shares, the short-interest ratio is currently 6.3 days. Approximately 4.5% of the company’s shares are short sold. Approximately 4.5% of the company’s shares are short sold. Based on an average daily trading volume, of 118,595 shares, the short-interest ratio is currently 6.3 days.

Analyst Upgrades and Downgrades

STRZ has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their target price on Starz Entertainment from $16.00 to $13.00 and set a “neutral” rating for the company in a research note on Monday, November 17th. Wall Street Zen cut Starz Entertainment from a “hold” rating to a “sell” rating in a research note on Sunday, December 21st. Weiss Ratings reissued a “sell (e)” rating on shares of Starz Entertainment in a research note on Monday, December 29th. Finally, Morgan Stanley cut their target price on shares of Starz Entertainment from $13.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Starz Entertainment has a consensus rating of “Hold” and a consensus target price of $19.80.

Hedge Funds Weigh In On Starz Entertainment

Institutional investors and hedge funds have recently made changes to their positions in the business. Alpine Global Management LLC increased its position in Starz Entertainment by 12.5% during the 4th quarter. Alpine Global Management LLC now owns 148,703 shares of the company’s stock valued at $1,740,000 after buying an additional 16,472 shares in the last quarter. Beartown Capital Management LLC bought a new position in shares of Starz Entertainment in the fourth quarter worth approximately $585,000. J. Goldman & Co LP grew its holdings in shares of Starz Entertainment by 21.6% during the fourth quarter. J. Goldman & Co LP now owns 255,690 shares of the company’s stock valued at $2,992,000 after buying an additional 45,352 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Starz Entertainment by 19.0% during the fourth quarter. AQR Capital Management LLC now owns 36,497 shares of the company’s stock valued at $421,000 after acquiring an additional 5,830 shares in the last quarter. Finally, Trexquant Investment LP bought a new stake in shares of Starz Entertainment during the fourth quarter valued at approximately $538,000.

Starz Entertainment Stock Performance

Shares of STRZ opened at $12.14 on Wednesday. Starz Entertainment has a one year low of $8.00 and a one year high of $22.98. The company has a 50-day simple moving average of $10.36 and a two-hundred day simple moving average of $11.54.

About Starz Entertainment

Starz Entertainment (NASDAQ: STRZ) is a global media and entertainment company that operates premium subscription video services across linear television and digital streaming platforms. The company’s core offering includes the STARZ and STARZ ENCORE linear networks in the United States, alongside its STARZPLAY streaming service, which is available in North America, parts of Europe, Latin America and select Asian markets. Through its multi-platform distribution strategy, Starz delivers a combination of original programming, feature films and licensed series to a broad subscriber base.

At the heart of Starz Entertainment’s business is its investment in original content production.