Could Entercom Communications Corp (NYSE:ETM) See a Reversal After Less Sellers Came In?

Entercom Communications Corp. (NYSE:ETM) Logo

Investors sentiment increased to 1.09 in Q4 2018. Its up 0.03, from 1.06 in 2018Q3. It increased, as 14 investors sold Entercom Communications Corp. shares while 51 reduced holdings. 25 funds opened positions while 46 raised stakes. 113.73 million shares or 3.08% less from 117.35 million shares in 2018Q3 were reported.
Goldman Sachs Gru owns 354,141 shares or 0% of their US portfolio. Millennium Mngmt Limited Liability accumulated 0% or 30,690 shares. American Group Inc Inc accumulated 1.27 million shares. Minerva Advisors Ltd Llc invested in 553,402 shares or 2.02% of the stock. Principal Fin Gp has invested 0.03% in Entercom Communications Corp. (NYSE:ETM). Boston Prtn holds 0.02% in Entercom Communications Corp. (NYSE:ETM) or 2.36M shares. Macquarie Group Limited holds 0% of its portfolio in Entercom Communications Corp. (NYSE:ETM) for 136,100 shares. Venator Cap Mngmt invested in 118,154 shares. Teton Advsr owns 78,700 shares. Dimensional Fund Advisors L P holds 0.01% of its portfolio in Entercom Communications Corp. (NYSE:ETM) for 4.40 million shares. Next Fincl Group owns 0% invested in Entercom Communications Corp. (NYSE:ETM) for 1,000 shares. Marathon Asset Limited Liability Partnership holds 3.49M shares or 0.29% of its portfolio. Balyasny Asset Mngmt Ltd Liability reported 0% in Entercom Communications Corp. (NYSE:ETM). Royal Bancorporation Of Canada invested in 0% or 409,892 shares. California Employees Retirement Systems owns 459,770 shares or 0% of their US portfolio.

Since November 16, 2018, it had 10 insider buys, and 0 sales for $14.72 million activity.

The stock of Entercom Communications Corp (NYSE:ETM) registered a decrease of 0.01% in short interest. ETM’s total short interest was 17.31 million shares in May as published by FINRA. Its down 0.01% from 17.31M shares, reported previously. With 565,500 shares average volume, it will take short sellers 31 days to cover their ETM’s short positions.

The stock decreased 2.32% or $0.15 during the last trading session, reaching $6.32. About 642,463 shares traded. Entercom Communications Corp. (NYSE:ETM) has declined 37.36% since May 17, 2018 and is downtrending. It has underperformed by 41.73% the S&P500.

Entercom Communications Corp. operates as a radio broadcasting firm in the United States. The company has market cap of $901.29 million. The firm owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others. It currently has negative earnings. As of February 22, 2017, it had 126 stations in 28 markets.

More notable recent Entercom Communications Corp. (NYSE:ETM) news were published by: Seekingalpha.com which released: “Entercom: Strong Growth, Cheap Valuation, And A Bright Future – Seeking Alpha” on March 08, 2019, also Seekingalpha.com with their article: “Entercom points to sequential improvement in Q3 earnings – Seeking Alpha” published on November 06, 2018, Seekingalpha.com published: “Entercom Communications declares $0.09 dividend – Seeking Alpha” on February 26, 2019. More interesting news about Entercom Communications Corp. (NYSE:ETM) were released by: Seekingalpha.com and their article: “Dogcatcher Reader Favorites (And Rogues) In Equities And Funds From April 16 To May 10 – Seeking Alpha” published on May 14, 2019 as well as Seekingalpha.com‘s news article titled: “Negative Sentiment In Entercom Communications Is Misconceived – Seeking Alpha” with publication date: October 15, 2018.

Entercom Communications Corp. (NYSE:ETM) Institutional Positions Chart

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