Dolphin Entertainment, Inc. (NASDAQ:DLPN – Get Rating) was the recipient of a big lower in quick curiosity through the month of June. As of June fifteenth, there was quick curiosity totalling 175,400 shares, a lower of 20.2% from the May thirty first whole of 219,900 shares. Based on a median each day buying and selling quantity, of 346,800 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.4% of the shares of the corporate are quick offered.
A lot of hedge funds and different institutional buyers have lately added to or decreased their stakes in the inventory. Vanguard Group Inc. raised its holdings in Dolphin Entertainment by 7.3% in the first quarter. Vanguard Group Inc. now owns 309,065 shares of the corporate’s inventory value $1,610,000 after buying a further 21,019 shares through the interval. BlackRock Inc. raised its holdings in Dolphin Entertainment by 59.3% in the first quarter. BlackRock Inc. now owns 29,772 shares of the corporate’s inventory value $155,000 after buying a further 11,078 shares through the interval. GSA Capital Partners LLP raised its holdings in Dolphin Entertainment by 171.3% in the first quarter. GSA Capital Partners LLP now owns 41,401 shares of the corporate’s inventory value $216,000 after buying a further 26,143 shares through the interval. Finally, Essex Investment Management Co. LLC raised its holdings in Dolphin Entertainment by 93.0% in the 4th quarter. Essex Investment Management Co. LLC now owns 93,425 shares of the corporate’s inventory value $796,000 after buying a further 45,008 shares through the interval. 17.58% of the inventory is owned by institutional buyers.
Separately, Maxim Group lowered their goal worth on Dolphin Entertainment from $30.00 to $12.00 and set a “purchase” score on the inventory in a analysis be aware on Thursday, April 14th.
Shares of DLPN opened at $3.37 on Monday. Dolphin Entertainment has a 52 week low of $3.00 and a 52 week excessive of $15.25. The firm has a fast ratio of 1.22, a present ratio of 1.22 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $30.67 million, a price-to-earnings ratio of -3.62 and a beta of two.13. The inventory’s 50-day transferring common worth is $3.58 and its 200-day transferring common worth is $4.80.
Dolphin Entertainment (NASDAQ:DLPN – Get Rating) final issued its earnings outcomes on Wednesday, April thirteenth. The firm reported ($0.35) EPS for the quarter. The firm had income of $10.51 million through the quarter. Dolphin Entertainment had a damaging return on fairness of 11.50% and a damaging web margin of 18.09%.
Dolphin Entertainment Company Profile (Get Rating)
Dolphin Entertainment, Inc, along with its subsidiaries, operates as an unbiased leisure advertising and premium content material growth firm in the United States. It operates in two segments, Entertainment Publicity, and Marketing and Content Production. The Entertainment Publicity and Marketing phase affords public relations, leisure content material advertising, strategic communications, social media and digital advertising, inventive branding, expertise publicity, and leisure advertising providers, in addition to produces promotional video content material.
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https://www.defenseworld.web/2022/07/04/dolphin-entertainment-inc-nasdaqdlpn-short-interest-down-20-2-in-june.html
