Liberty Global Ltd (NASDAQ:LBTYB) Stock Short Interest Falls 44.2%

Liberty Global Ltd (NASDAQ:LBTYB) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 3,464 shares, a decrease of 44.2% from the September 30th total of 6,209 shares. Based on an average trading volume of 13,049 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

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 second quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 and hedge funds.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Liberty Global Stock Performance

LBTYB traded down $0.08 during trading hours on Friday, hitting $10.92. The stock had a trading volume of 902 shares, compared to its average volume of 8,822. The company’s fifty day simple moving average is $12.33 and its 200 day simple moving average is $12.95. Liberty Global has a 1 year low of $10.20 and a 1 year high of $29.01. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82. The stock has a market cap of $3.72 billion, a PE ratio of -1.22 and a beta of 0.46.

About Liberty Global

Liberty Global Ltd. is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line telephone, and video businesses. Its services generally include high-speed internet, wireless communications, digital television, streaming and entertainment offerings, and business connectivity solutions.

The company has operations and strategic investments across Europe, including interests in Virgin Media O2 in the United Kingdom, Telenet in Belgium, VodafoneZiggo in the Netherlands, and Sunrise in Switzerland.