MSG Rangers Corp (NYSE:MSGR) Stock Short Interest Report for October

MSG Rangers Corp (NYSE:MSGR) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 825,059 shares. Approximately 8.4% of the company’s shares are sold short. Based on an average daily trading volume, of 123,090 shares, the days-to-cover ratio is currently 6.7 days.

MSG Rangers Trading Up 4.9%

MSGR traded up $11.18 during trading on Friday, reaching $241.33. 109,746 shares of the company’s stock were exchanged, compared to its average volume of 238,847. MSG Rangers has a 1 year low of $176.00 and a 1 year high of $249.35. The firm has a market capitalization of $2.91 billion and a PE ratio of -173.62.

MSG Rangers (NYSE:MSGR) last released its quarterly earnings data on Friday, November 6th. The company reported ($1.39) earnings per share for the quarter. The business had revenue of $14.09 million during the quarter. As a group, analysts predict that MSG Rangers will post -3.58 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on MSGR shares. Wall Street Zen raised MSG Rangers to a “hold” rating in a research note on Saturday, November 7th. Zacks Research assumed coverage on MSG Rangers in a research note on Tuesday, November 10th. They issued a “hold” rating on the stock. BTIG Research initiated coverage on shares of MSG Rangers in a research note on Thursday, October 29th. They set a “buy” rating and a $257.00 target price for the company. Guggenheim initiated coverage on MSG Rangers in a research note on Wednesday, October 28th. They issued a “buy” rating and a $278.00 price objective on the stock. Finally, Wolfe Research began coverage on shares of MSG Rangers in a report on Wednesday, November 4th. They issued an “outperform” rating for the company. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, MSG Rangers presently has an average rating of “Moderate Buy” and an average target price of $254.33.

MSG Rangers Company Profile

MSG Rangers Corp. is a professional sports company which owns and operates the New York Rangers as well as a development league team, the Hartford Wolf Pack. In addition, the Company operates a professional sports team performance center. MSG Rangers Corp. is based in NEW YORK.