Liberty Global Ltd (NASDAQ:LBTYB) Stock Short Interest Declines 39.3%

Liberty Global Ltd (NASDAQ:LBTYB) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,014 shares, a decline of 39.3% from the August 31st total of 4,963 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 276 shares, the days-to-cover ratio is currently 10.9 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

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

Liberty Global Stock Down 2.5%

Liberty Global stock opened at $12.12 on Friday. The firm has a 50 day simple moving average of $12.54 and a 200 day simple moving average of $13.25. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. Liberty Global has a 1-year low of $10.20 and a 1-year high of $29.01. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of -1.36 and a beta of 0.46.

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

Liberty Global Company Profile

Liberty Global plc is an international telecommunications and media company that builds, operates and invests in broadband, mobile, television and fixed-line communications businesses. Its offerings generally include high-speed internet, video and entertainment services, mobile connectivity, fixed-line voice and communications solutions for businesses and public-sector customers.

The company serves customers primarily across Europe through wholly owned operations, joint ventures and strategic investments.