Liberty Global Ltd. (NASDAQ:LBTYK - Get Free Report) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 3,720,000 shares, a decrease of 15.6% from the October 31st total of 4,410,000 shares. Currently, 2.5% of the company's shares are short sold. Based on an average trading volume of 1,420,000 shares, the days-to-cover ratio is currently 2.6 days.
Liberty Global Stock Up 1.0 %
Shares of LBTYK traded up $0.15 during mid-day trading on Friday, hitting $14.62. 962,880 shares of the company's stock were exchanged, compared to its average volume of 1,850,864. The company has a market cap of $5.23 billion, a PE ratio of -1.44 and a beta of 1.14. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. Liberty Global has a 52 week low of $11.25 and a 52 week high of $22.14. The company has a 50-day simple moving average of $19.10 and a 200 day simple moving average of $18.92.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on Liberty Global in a research note on Thursday, November 14th. They set a "hold" rating for the company.
Check Out Our Latest Stock Analysis on LBTYK
Institutional Investors Weigh In On Liberty Global
Hedge funds have recently added to or reduced their stakes in the business. US Bancorp DE lifted its holdings in Liberty Global by 124.9% during the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company's stock valued at $47,000 after purchasing an additional 1,200 shares during the last quarter. Deseret Mutual Benefit Administrators increased its position in Liberty Global by 41.4% during the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company's stock worth $46,000 after buying an additional 754 shares during the period. Rothschild Investment LLC bought a new position in Liberty Global during the 2nd quarter worth $71,000. Point72 Asset Management L.P. bought a new position in Liberty Global during the 2nd quarter worth $109,000. Finally, CWM LLC increased its position in shares of Liberty Global by 1,159.4% in the third quarter. CWM LLC now owns 6,272 shares of the company's stock worth $136,000 after purchasing an additional 5,774 shares during the period. Institutional investors and hedge funds own 46.10% of the company's stock.
About Liberty Global
(
Get Free Report)
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.
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