McClatchy Co (NYSEAMERICAN:MNI) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 898,754 shares, a decline of 2.3% from the January 12th total of 919,984 shares. Currently, 18.0% of the company’s shares are short sold. Based on an average trading volume of 7,576 shares, the short-interest ratio is presently 118.6 days.

In other news, major shareholder Chatham Asset Management, Llc acquired 2,975 shares of the business’s stock in a transaction on Monday, November 27th. The shares were acquired at an average price of $10.42 per share, for a total transaction of $30,999.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have acquired 26,855 shares of company stock worth $257,692 in the last quarter. Company insiders own 34.91% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC boosted its stake in shares of McClatchy by 1,102.3% during the second quarter. Tower Research Capital LLC TRC now owns 10,845 shares of the company’s stock valued at $101,000 after purchasing an additional 9,943 shares during the period. Stifel Financial Corp boosted its stake in shares of McClatchy by 14.7% during the second quarter. Stifel Financial Corp now owns 20,778 shares of the company’s stock valued at $197,000 after purchasing an additional 2,659 shares during the period. Susquehanna International Group LLP purchased a new stake in shares of McClatchy during the second quarter valued at $942,000. Finally, Dimensional Fund Advisors LP boosted its stake in shares of McClatchy by 3.9% during the second quarter. Dimensional Fund Advisors LP now owns 380,782 shares of the company’s stock valued at $3,557,000 after purchasing an additional 14,170 shares during the period. 35.62% of the stock is owned by hedge funds and other institutional investors.

MNI has been the topic of a number of analyst reports. Noble Financial reiterated a “hold” rating on shares of McClatchy in a research report on Tuesday, October 24th. Zacks Investment Research cut shares of McClatchy from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 26th. Finally, ValuEngine upgraded shares of McClatchy from a “strong sell” rating to a “sell” rating in a research report on Thursday, October 26th.

Shares of McClatchy (MNI) opened at $8.19 on Monday. The stock has a market cap of $62.94, a price-to-earnings ratio of -0.16 and a beta of 1.24. McClatchy has a one year low of $5.75 and a one year high of $12.99. The company has a debt-to-equity ratio of -93.38, a quick ratio of 0.79 and a current ratio of 0.85.

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About McClatchy

The McClatchy Company is a news and information publisher of various publications, such as the Miami Herald, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and the (Fort Worth) Star-Telegram. The Company’s segments include Western Segment and Eastern Segment. Its Western Segment consists of its newspaper operations in California, the Northwest and the Midwest.

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