Lee Enterprises Inc shares had a trading volume of 16K in the last trading session. Trading volume was down 85.71% under the stocks average daily volume.
Investors are feeling more bearish on shares of Lee Enterprises Inc recently at least if you consider the rise in short interest. The company saw a rise in short interest of 0.22% as of October 13, 2017 from the last reporting period. Short interest grew 8,956 over that period. With short interest at 4,046,390 and short average daily volume at 114,724, the short-interest ratio is 35.0 and the percentage of shorted shares is 0.07% as of October 13.
The following firms have recently changed their position in LEE. Citadel Advisors LLC added to its stake by buying 3,579 shares an increase of 34.8% as of 09/30/2017. Citadel Advisors LLC owns 13,875 shares worth $31,000. The value of the position overall is up by 55.0%. As of the end of the quarter Phoenix Investment Adviser LLC had bought a total of 110,000 shares growing its position 108.4%. The value of the total investment in Lee Enterprises Inc went from $193,000 to $465,000 increasing 140.9% quarter to quarter.
Wells Fargo & Company/mn cut its holdings by shedding 850 shares a decrease of 51.5%. Wells Fargo & Company/mn currently owns 800 shares with a value of $2,000. The total value of its holdings decreased 33.3%. As of quarter end Citigroup Inc had acquired 38,109 shares growing its stake by 45.8%. The value of the investment in Lee Enterprises Inc increased from $158,000 to $267,000 a change of 69.0% quarter over quarter.
The company is trading unchanged by 0.00% since yesterday’s close of 2.30. Lee Enterprises Inc’s P/E ratio is 5.16 and market cap is 130.45M. As of the latest earnings report the EPS was $0.45 with 56.72M shares currently outstanding.
Lee Enterprises, Incorporated, launched on September 22, 1950, is a provider of local news and information, and a platform for print and digital advertising. The Business’s products included 46 daily and 34 Sunday newspapers, 300 weekly newspapers, and classified and niche publications, as of September 25, 2016. The Company also provides a range of digital products, including video, digital couponing, behavioral targeting, audience retargeting, banner advertisements and social networking. It provides digital marketing services to small and midsized businesses (SMBs), including search engine marketing (SEM), social media, audience extension, business profiles, and Website hosting and design. It offers small business solutions, including search engine optimization (SEO), local online marketing, social media marketing, video advertising and Website design. The markets it caters to are located primarily in the Midwest, Mountain West and West regions of the United States..