Windstream Holdings, Inc. (NASDAQ:WIN) was the target of a large increase in short interest during the month of April. As of April 28th, there was short interest totalling 31,888,915 shares, an increase of 3.1% from the April 13th total of 30,930,677 shares. Based on an average daily volume of 2,116,388 shares, the short-interest ratio is presently 15.1 days.
Several brokerages have recently weighed in on WIN. Goldman Sachs Group Inc restated a “sell” rating on shares of Windstream Holdings in a report on Wednesday, March 22nd. Jefferies Group LLC upgraded Windstream Holdings from an “underperform” rating to a “hold” rating in a report on Thursday, March 2nd.
Windstream Holdings (NASDAQ:WIN) traded down 2.30% on Tuesday, reaching $4.67. The company had a trading volume of 1,337,282 shares. The stock has a 50 day moving average price of $5.23 and a 200 day moving average price of $6.73. Windstream Holdings has a 52-week low of $4.28 and a 52-week high of $10.45. The stock’s market capitalization is $889.61 million.
About Windstream Holdings
Windstream Corporation (Windstream) is a provider of advanced communications and technology solutions, including managed services and cloud computing, to businesses nationwide. In addition to business services, the Company offers broadband, voice and video services to consumers in primarily rural markets.
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