Short Interest in Nexstar Media Group Drops by 18.4%

Nexstar's short interest declines as analysts maintain a 'Moderate Buy' rating on the stock

Apr. 17, 2026 at 3:28am

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An extreme close-up of interlocking gears, levers, and metal components, conveying the robust infrastructure underlying Nexstar Media Group's financial performance.A dramatic, industrial close-up captures the complex machinery powering Nexstar Media Group's financial operations, reflecting the company's stability and growth.Irving Today

Nexstar Media Group, Inc. (NASDAQ:NXST) saw a significant 18.4% decrease in short interest during the month of March, with short interest now totaling 1,474,804 shares or 5.2% of the company's stock. The days-to-cover ratio currently stands at 2.5 days based on the stock's average daily trading volume of 579,552 shares.

Why it matters

The drop in short interest could indicate increased investor confidence in Nexstar's stock, which has received a 'Moderate Buy' rating from analysts who have set an average price target of $268.33. The company's performance and growth prospects will continue to be closely watched by the market.

The details

Nexstar Media Group, Inc. is a diversified American media company primarily engaged in the ownership, operation, and strategic affiliation of local television stations, digital platforms, and cable networks. The company has built its presence through organic growth and a series of high-profile acquisitions since its founding in 1996.

  • As of March 31st, Nexstar's short interest totaled 1,474,804 shares.
  • This represents a decrease of 18.4% from the March 15th total of 1,807,496 shares.

The players

Nexstar Media Group, Inc.

A diversified American media company engaged primarily in the ownership, operation and strategic affiliation of local television stations, digital platforms and cable networks.

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The takeaway

The decline in short interest for Nexstar Media Group suggests increased investor confidence in the company's performance and growth prospects, as reflected in the 'Moderate Buy' rating and positive analyst sentiment.