Liberty Global Ltd (NASDAQ:LBTYB) Sees Large Increase in Short Interest

Liberty Global Ltd (NASDAQ:LBTYB) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 6,209 shares, an increase of 106.0% from the September 15th total of 3,014 shares. Based on an average trading volume of 39,170 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Liberty Global Stock Down 2.5%

NASDAQ:LBTYB opened at $12.02 on Wednesday. The firm’s fifty day simple moving average is $12.61 and its 200-day simple moving average is $13.21. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82. Liberty Global has a fifty-two week low of $10.20 and a fifty-two week high of $29.01.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC acquired a new position in shares of Liberty Global Ltd (NASDAQ:LBTYB) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is currently owned by institutional investors.

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.