Short Interest in Ericsson (NASDAQ:ERIC) Grows By 32.3%

Ericsson (NASDAQ:ERIC) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 44,980,722 shares, a growth of 32.3% from the December 15th total of 33,995,109 shares. Based on an average daily volume of 5,803,136 shares, the short-interest ratio is currently 7.8 days. Currently, 1.3% of the shares of the company are short sold. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 5,803,136 shares, the short-interest ratio is currently 7.8 days.

Hedge Funds Weigh In On Ericsson

Institutional investors and hedge funds have recently made changes to their positions in the stock. ABC Arbitrage SA lifted its stake in shares of Ericsson by 64.6% in the second quarter. ABC Arbitrage SA now owns 5,121,349 shares of the communications equipment provider’s stock valued at $43,429,000 after purchasing an additional 2,009,723 shares during the period. BNP Paribas Financial Markets grew its position in Ericsson by 42.9% during the second quarter. BNP Paribas Financial Markets now owns 3,350,029 shares of the communications equipment provider’s stock worth $28,408,000 after buying an additional 1,005,398 shares during the period. Jump Financial LLC purchased a new position in Ericsson in the second quarter valued at about $17,461,000. Lazard Asset Management LLC lifted its position in shares of Ericsson by 197.2% during the 2nd quarter. Lazard Asset Management LLC now owns 1,242,381 shares of the communications equipment provider’s stock valued at $10,534,000 after acquiring an additional 824,287 shares during the period. Finally, Marshall Wace LLP boosted its stake in shares of Ericsson by 234.2% during the 3rd quarter. Marshall Wace LLP now owns 1,078,145 shares of the communications equipment provider’s stock worth $8,916,000 after acquiring an additional 755,587 shares in the last quarter. 7.99% of the stock is owned by institutional investors and hedge funds.

Ericsson Stock Performance

NASDAQ ERIC opened at $9.42 on Friday. The stock has a market capitalization of $31.75 billion, a price-to-earnings ratio of 12.73, a PEG ratio of 1.81 and a beta of 0.92. The business’s 50 day moving average is $9.59 and its two-hundred day moving average is $8.72. Ericsson has a 12-month low of $6.64 and a 12-month high of $10.35. The company has a current ratio of 1.17, a quick ratio of 0.94 and a debt-to-equity ratio of 0.29.

More Ericsson News

Here are the key news stories impacting Ericsson this week:

• Positive Sentiment: Management says the proposed headcount reduction is part of a broader effort to improve Ericsson’s cost position and protect competitiveness — a move that could boost margins and free cash flow if savings are realized. PR Newswire: Ericsson announces proposed headcount reduction in Sweden
• Neutral Sentiment: Ericsson is expected to report quarterly results on Friday — an event that typically drives short‑term volatility as investors focus on revenue trends, margin progress and any updated guidance. Analysts currently expect modest full‑year EPS. American Banking News: Ericsson (ERIC) Expected to Announce Earnings on Friday
• Neutral Sentiment: Ericsson’s U.S. federal arm has added an experienced policy hire (an FCC veteran), which could help the company win or better navigate government contracts and regulatory issues in North America — a strategic plus but unlikely to move near‑term results materially. SDxCentral: Ericsson’s Federal arm hires FCC vet
• Negative Sentiment: Multiple outlets report Ericsson plans to cut about 1,600 roles in Sweden (potentially more than 10% of its local workforce). While aimed at costs, the scale and home‑market concentration raise concerns about weaker demand, execution risk during restructuring, and possible impacts to R&D or service delivery. This uncertainty likely weighed on the stock today. Reuters: Ericsson to shed 1,600 jobs in Sweden

Wall Street Analyst Weigh In

ERIC has been the topic of several research analyst reports. Danske lowered Ericsson to a “hold” rating in a research report on Wednesday, October 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ericsson in a report on Monday, December 29th. Barclays reiterated an “underweight” rating on shares of Ericsson in a research report on Wednesday, October 15th. Wall Street Zen downgraded shares of Ericsson from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 18th. Finally, Cfra Research raised shares of Ericsson to a “hold” rating in a report on Wednesday, October 15th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $9.80.

About Ericsson

Ericsson AB is a Swedish multinational telecommunications equipment and services company headquartered in Stockholm. Founded in 1876 by Lars Magnus Ericsson, the company designs, develops and sells infrastructure, software and services that enable mobile and fixed-line networks worldwide. Ericsson serves a global customer base that includes mobile network operators, enterprise customers and public-sector organizations across Europe, the Americas, Asia-Pacific, the Middle East and Africa.

The company’s core activities center on building and modernizing network infrastructure, with a particular focus on radio access networks (RAN), core network software, cloud-native solutions and network management systems.