Liberty Global Ltd (NASDAQ:LBTYB) Short Interest Down 60.6% in July

Liberty Global Ltd (NASDAQ:LBTYB) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,133 shares, a decline of 60.6% from the June 30th total of 2,873 shares. Based on an average daily trading volume, of 7,156 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Liberty Global

A hedge fund recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC acquired a new stake in shares of Liberty Global Ltd (NASDAQ:LBTYB) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

NASDAQ LBTYB traded down $0.94 during trading hours on Wednesday, hitting $11.46. The company had a trading volume of 3,406 shares, compared to its average volume of 5,370. The company has a quick ratio of 1.11, a current ratio of 1.28 and a debt-to-equity ratio of 0.82. The firm has a market cap of $3.87 billion, a P/E ratio of -1.35 and a beta of 0.41. Liberty Global has a fifty-two week low of $9.79 and a fifty-two week high of $29.01. The business has a fifty day simple moving average of $12.85 and a 200-day simple moving average of $13.20.

Liberty Global (NASDAQ:LBTYB) last released its quarterly earnings results on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing the consensus estimate of ($0.48) by ($0.59). Liberty Global had a negative return on equity of 28.82% and a negative net margin of 62.11%.The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.34 billion.

About Liberty Global

Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland, Belgium, Switzerland, Central and Eastern Europe, and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content. The company was founded in 2004 and is headquartered in London, the United Kingdom.