Short Interest in Liberty Global Ltd. (NASDAQ:LBTYK) Grows By 19.9%

Liberty Global Ltd. (NASDAQ:LBTYK - Get Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 4,950,000 shares, a growth of 19.9% from the December 15th total of 4,130,000 shares. Approximately 3.3% of the company's stock are sold short. Based on an average daily volume of 1,610,000 shares, the short-interest ratio is currently 3.1 days.

Insider Buying and Selling at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the company's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the transaction, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 9.86% of the company's stock.

Hedge Funds Weigh In On Liberty Global

A number of institutional investors and hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its stake in shares of Liberty Global by 22.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company's stock worth $7,377,000 after acquiring an additional 102,429 shares during the last quarter. Perpetual Ltd lifted its position in Liberty Global by 12.9% during the fourth quarter. Perpetual Ltd now owns 381,713 shares of the company's stock valued at $5,016,000 after purchasing an additional 43,678 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in Liberty Global during the fourth quarter valued at about $66,000. RMR Wealth Builders purchased a new stake in Liberty Global in the fourth quarter worth about $223,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Liberty Global by 34.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company's stock valued at $7,554,000 after buying an additional 88,975 shares in the last quarter. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

Shares of LBTYK remained flat at $12.01 during mid-day trading on Friday. 781,063 shares of the stock traded hands, compared to its average volume of 1,498,621. The company has a market cap of $4.29 billion, a PE ratio of -1.18 and a beta of 1.21. The business has a 50-day moving average price of $13.57 and a 200-day moving average price of $17.85. Liberty Global has a 1 year low of $11.25 and a 1 year high of $22.14. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Liberty Global in a report on Friday. They set a "hold" rating on the stock.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.