Match Group Inc (NASDAQ:MTCH) Could Improve Your Long Portfolio After Less Shorts Reported | #blackpeoplemeet


The stock of Match Group Inc (NASDAQ:MTCH) registered a decrease of 6.26% in short interest. MTCH’s total short interest was 19.27M shares in October as published by FINRA. Its down 6.26% from 20.56M shares, reported previously. With 1.71 million shares average volume, it will take short sellers 11 days to cover their MTCH’s short positions. The short interest to Match Group Inc’s float is 38.02%.

The stock increased 1.98% or $1.42 during the last trading session, reaching $72.97. About 1.41 million shares traded. Match Group, Inc. (NASDAQ:MTCH) has risen 124.54% since October 22, 2018 and is uptrending. It has outperformed by 124.54% the S&P500.

Match Group, Inc. provides dating products. The company has market cap of $20.52 billion. The firm operates in two divisions, Dating and Non-dating. It has a 43.54 P/E ratio. It operates a portfolio of approximately 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet, and LoveScout24.

Match Group, Inc. (NASDAQ:MTCH) Ratings Coverage

Among 6 analysts covering Match Group (NASDAQ:MTCH), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Match Group has $10600 highest and $4800 lowest target. $86.86’s average target is 19.04% above currents $72.97 stock price. Match Group had 12 analyst reports since April 24, 2019 according to SRatingsIntel. The company was downgraded on Thursday, August 8 by UBS. The rating was upgraded by SunTrust to “Buy” on Thursday, September 5. As per Thursday, August 8, the company rating was maintained by BMO Capital Markets. As per Monday, October 7, the company rating was upgraded by Nomura. Deutsche Bank upgraded it to “Buy” rating and $9100 target in Monday, October 7 report. As per Thursday, August 8, the company rating was maintained by Nomura.

More notable recent Match Group, Inc. (NASDAQ:MTCH) news were published by: Businesswire.com which released: “Glancy Prongay & Murray LLP Announces Investigation on Behalf of Match Group, Inc. Investors (MTCH) – Business Wire” on September 25, 2019, also Finance.Yahoo.com with their article: “Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Investors in MATCH GROUP, INC. (NASDAQ: MTCH) – Yahoo Finance” published on October 03, 2019, Businesswire.com published: “Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Match Group, Inc. – Business Wire” on October 04, 2019. More interesting news about Match Group, Inc. (NASDAQ:MTCH) were released by: Finance.Yahoo.com and their article: “CLASS ACTION DEADLINES: Brodsky & Smith, LLC Reminds Investors of Deadlines to File Lead Plaintiff Motions Related to the Following Companies: MTCH, MYGN, COF – Yahoo Finance” published on October 17, 2019 as well as Seekingalpha.com‘s news article titled: “Stitch Fix Is Run Like A Software Company, And That’s A Good Thing – Seeking Alpha” with publication date: October 09, 2019.

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