(NASDAQ:CYOU) shares saw light trading volume with 109K shares changing hands in the last trading session. Shares saw a steep decrease in trading volume of 85.39% under the normal average daily volume. Investors are a little more bearish of late if you put credence in the motion in short interest. The stock recorded a rise in short interest of 7.96% as of the latest report on August 15, 2017. Short shares increased 40,601 over that period.
The following firms have recently changed their position in CYOU. Sensato Investors LLC divested its stake by selling 372,796 shares a decrease of 54.1% from 03/31/2017 to 06/30/2017. Sensato Investors LLC currently owns 316,557 shares with a value of $12,270,000. The total value of its holdings decreased 36.5%. As of the end of the quarter Ubs Group Ag had bought 1,544 shares growing its holdings by 36.3%. The value of the investment in Changyou.com Limited – American went from $119,000 to $225,000 a change of $106,000 for the reporting period.
As of quarter end Pacad Investment Ltd. had disposed of a total of 10,100 shares trimming its position 95.3%. The value of the investment in CYOU decreased from $225,000 to $19,000 a change of 91.6% quarter to quarter. Neuberger Berman Group LLC trimmed its ownership by shedding 152,500 shares a decrease of 8.2% in the quarter. Neuberger Berman Group LLC controls 1,717,047 shares worth $66,553,000. The value of the position overall is up by 27.0%.
The company is trading down from yesterday’s close of 40.8.
Changyou.com Limited, launched on August 6, 2007, is an online game developer and operator. The Company is involved in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. The Business’s segments include Online Game segment, which consists primarily of PC games and mobile games; the Platform Channel segment, which consists primarily of online advertising services offered on the 17173.com Website, Internet value-added services (IVAS) offered on the Dolphin Browser and RaidCall and online card and board games offered by MoboTap, and the Cinema Advertising segment, which consists primarily of the acquisition, from operators of movie theaters, and the sale, to advertisers, of pre-film advertising slots, which are advertisements shown before the screening of a movie in a cinema theater. Its PC games are interactive online games that are accessed and played simultaneously by hundreds of thousands of game players through PCs and require that local client-end game access software be installed on the computers used, and mobile games are played on mobile devices and require an Internet connection..