How Many Priceline.com Inc (PCLN) Investors Are Short?

Page 1 of 2

At present, there are a significant amount of facts and figures for Priceline.com Inc (NASDAQ:PCLN) traders to track, but it’s key to take note of a company’s short sellers. Two metrics typically used are: (a) the chunk of a company’s shares that bears are presently selling, in addition to (b) the difference in short selling activity.

Augmented bearish shorting typically means what it implies: Wall Street has grown less bullish on a company. Short selling that’s too high, however, sometimes has a bullish effect on share price, as short-ers can be forced to cover their shares.

Priceline.com Inc (NASDAQ:PCLN)At Insider Monkey, it’s no secret that we monitor hedgies’ interest, but it’s also beneficial to pair this information with overall short interest information. In some high-profile cases, mega- investors could disclose that they’re bearish on a stock, but it is not an SEC requirement. Nonetheless, some individual investors may want to stay away from highly shorted stocks with elevated hedgie investment, while others may want short-squeeze candidates. For readers wanting a proven piggybacking strategy, discover the details of our premium strategy.

Without further ado, let’s take a gander at the latest data swirling around Priceline.com Inc (NASDAQ:PCLN).

Tracking the newest FINRA short interest data, which is reported two times monthly, we can realize that Priceline.com Inc (NASDAQ:PCLN) has a short interest of 5.30% of float. This represents a -12% change from the previous filing period. With a total float of 51.13M shares, this is a short ratio of 4.30.

It’s also important to keep an eye on hedge fund sentiment via their quarterly 13F filings. According to our data, Stephen Mandel’s Lone Pine Capital had the biggest position in Priceline.com Inc (NASDAQ:PCLN), worth close to $1.4206 billion, comprising 6.9% of its total 13F portfolio. The 2nd biggest stake is held by Coatue Management, managed by Philippe Laffont, which held a $443.7 million position; the fund has 4.9% of its 13F portfolio invested in the stock. Some other hedge funds with similar optimism include Paul Reeder and Edward Shapiro’s PAR Capital Management, Chase Coleman and Feroz Dewan’s Tiger Global Management LLC and John Griffin’s Blue Ridge Capital.

Also, insider buying is best served when the company in question has experienced transactions within the past six months. Over the latest six-month time period, Priceline.com Inc (NASDAQ:PCLN) has experienced zero unique insiders buying, and 5 insider sales (see the details of insider trades here).

Let’s also review activity in other stocks similar to Priceline.com Inc (NASDAQ:PCLN). These stocks are MakeMyTrip Limited (NASDAQ:MMYT), Orbitz Worldwide, Inc. (NYSE:OWW), Cedar Fair, L.P. (NYSE:FUN), Six Flags Entertainment Corp (NYSE:SIX), and Carnival plc (ADR) (NYSE:CUK). This group of stocks belong to the general entertainment industry and their market caps are similar to PCLN’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!