Yahoo! Inc. (NASDAQ:YHOO) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 65,271,147 shares, a growth of 15.1% from the December 31st total of 56,690,583 shares, Marketbeat.com reports. Approximately 7.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 18,316,904 shares, the days-to-cover ratio is presently 3.6 days.

Yahoo! (NASDAQ:YHOO) opened at 28.75 on Friday. Yahoo! has a 1-year low of $27.20 and a 1-year high of $46.17. The firm’s 50-day moving average price is $31.67 and its 200-day moving average price is $33.31. The firm has a market capitalization of $27.15 billion and a PE ratio of 115.00.

Several hedge funds and institutional investors recently modified their holdings of YHOO. Fox Run Management bought a new position in shares of Yahoo! during the fourth quarter valued at about $293,000. Atria Investments increased its position in Yahoo! by 18.5% in the fourth quarter. Atria Investments now owns 10,145 shares of the digital content provider’s stock valued at $311,000 after buying an additional 1,582 shares during the last quarter. IMS Capital Management increased its position in Yahoo! by 5.7% in the fourth quarter. IMS Capital Management now owns 37,711 shares of the digital content provider’s stock valued at $1,254,000 after buying an additional 2,031 shares during the last quarter. River & Mercantile Asset Management bought a new position in Yahoo! during the fourth quarter valued at $2,893,000. Finally, Creative Planning increased its position in Yahoo! by 8.7% in the fourth quarter. Creative Planning now owns 102,887 shares of the digital content provider’s stock valued at $3,422,000 after buying an additional 8,261 shares during the last quarter.

YHOO has been the subject of several research analyst reports. Evercore ISI raised their price target on Yahoo! from $38.00 to $40.00 in a report on Wednesday, October 28th. Citigroup Inc. raised their price objective on Yahoo! from $38.00 to $40.00 in a research note on Friday, November 13th. Needham & Company LLC lowered their price objective on Yahoo! from $55.00 to $40.00 and set a “buy” rating for the company in a research note on Friday, October 9th. Vetr lowered Yahoo! from a “strong-buy” rating to a “buy” rating and set a $34.41 price objective for the company. in a research note on Tuesday, October 6th. Finally, Axiom Securities raised their price objective on Yahoo! from $39.00 to $41.00 and gave the company a “buy” rating in a research note on Monday, October 5th. Seventeen investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $43.83.

Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (NASDAQ:YHOO), and Asia Pacific. The Company’s products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones, tablets and PC. Yahoo.com offers news and information, including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create, share and curate content. Yahoo is also a digital publisher and advertising technology provider.

12 Month Chart for NASDAQ:YHOO

Receive News & Ratings for Yahoo! Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yahoo! Inc. and related companies with MarketBeat.com's FREE daily email newsletter.