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

Key Points

• Short interest in Liberty Global surged by 952.2% in April to 4,977 shares (from 473 on March 31), though this still represents 0.0% of shares outstanding and a days-to-cover of only 0.2.
• Weiss Ratings reiterated a "sell (d-)" on the stock and MarketBeat shows a consensus rating of Sell.
• Shares traded up ~3.0% to $17.35 midday, while the company reported ($8.60) EPS for the quarter and posts a negative return on equity (58.32%) and negative net margin (146.30%), signaling weak profitability.

Liberty Global Ltd (NASDAQ:LBTYB - Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 4,977 shares, a growth of 952.2% from the March 31st total of 473 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 20,879 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Liberty Global in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Sell".

Liberty Global Stock Up 3.0%

LBTYB stock traded up $0.51 during midday trading on Friday, hitting $17.35. 8,887 shares of the company's stock were exchanged, compared to its average volume of 53,459. The stock has a market capitalization of $5.81 billion, a price-to-earnings ratio of -0.83 and a beta of 0.30. The firm has a 50 day moving average price of $13.49 and a 200-day moving average price of $12.21. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.79. Liberty Global has a 12-month low of $9.15 and a 12-month high of $29.01.

Liberty Global (NASDAQ:LBTYB - Get Free Report) last issued its earnings results on Wednesday, February 18th. The company reported ($8.60) EPS for the quarter. Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%.The firm had revenue of $1.23 billion during the quarter.

Liberty Global Company Profile

Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland, Belgium, Switzerland, Central and Eastern Europe, and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content. The company was founded in 2004 and is headquartered in London, the United Kingdom.

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