Liberty Global Ltd (NASDAQ:LBTYA) Short Interest Up 63.8% in January

Liberty Global Ltd (NASDAQ:LBTYA) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 12,822,869 shares, a growth of 63.8% from the January 15th total of 7,830,645 shares. Based on an average daily trading volume, of 2,696,649 shares, the short-interest ratio is presently 4.8 days. Approximately 4.3% of the company’s shares are short sold. Approximately 4.3% of the company’s shares are short sold. Based on an average daily trading volume, of 2,696,649 shares, the short-interest ratio is presently 4.8 days.

Liberty Global Stock Performance

LBTYA traded down $0.35 during midday trading on Friday, hitting $10.89. 4,130,202 shares of the company were exchanged, compared to its average volume of 2,937,818. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. Liberty Global has a 1-year low of $9.02 and a 1-year high of $12.09. The company’s 50 day simple moving average is $10.98 and its 200 day simple moving average is $11.15. The firm has a market capitalization of $3.67 billion, a price-to-earnings ratio of -1.79 and a beta of 1.05.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 33,220 shares of the stock in a transaction on Monday, December 8th. The stock was sold at an average price of $11.18, for a total value of $371,399.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 11.51% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Oaktree Capital Management LP boosted its position in shares of Liberty Global by 14.0% during the 2nd quarter. Oaktree Capital Management LP now owns 8,212,191 shares of the company’s stock worth $82,204,000 after purchasing an additional 1,008,001 shares during the period. ACR Alpine Capital Research LLC raised its position in Liberty Global by 3.5% in the third quarter. ACR Alpine Capital Research LLC now owns 21,237,740 shares of the company’s stock valued at $243,384,000 after purchasing an additional 719,589 shares during the period. Norges Bank acquired a new position in Liberty Global during the second quarter worth $37,954,000. Covalis Capital LLP purchased a new position in shares of Liberty Global during the second quarter worth $17,054,000. Finally, Jump Financial LLC grew its stake in shares of Liberty Global by 120.0% in the second quarter. Jump Financial LLC now owns 685,361 shares of the company’s stock valued at $6,860,000 after buying an additional 373,787 shares in the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd. UBS Group upped their price target on Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. Finally, Citigroup raised their price objective on Liberty Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Liberty Global has an average rating of “Hold” and an average target price of $14.40.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.