Liberty Latin America Ltd. (NASDAQ:LILA) Short Interest Update

Liberty Latin America Ltd. (NASDAQ:LILA - Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 682,200 shares, a drop of 16.4% from the March 31st total of 815,700 shares. Based on an average trading volume of 436,100 shares, the days-to-cover ratio is currently 1.6 days. Approximately 2.1% of the company's shares are sold short.

Liberty Latin America Trading Down 20.4 %

Shares of NASDAQ LILA traded down $1.12 during trading hours on Thursday, reaching $4.38. The stock had a trading volume of 545,854 shares, compared to its average volume of 360,869. Liberty Latin America has a 52-week low of $4.35 and a 52-week high of $10.82. The firm has a market cap of $862.42 million, a price-to-earnings ratio of -1.31 and a beta of 0.94. The business's fifty day moving average price is $5.99 and its two-hundred day moving average price is $6.78. The company has a current ratio of 1.04, a quick ratio of 1.06 and a debt-to-equity ratio of 4.68.

Liberty Latin America (NASDAQ:LILA - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.62). Liberty Latin America had a negative net margin of 14.74% and a negative return on equity of 33.41%. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.10 billion. Analysts expect that Liberty Latin America will post -0.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded Liberty Latin America from an "equal weight" rating to an "underweight" rating and reduced their price target for the stock from $8.00 to $6.50 in a report on Tuesday, February 25th.

Hedge Funds Weigh In On Liberty Latin America

A number of large investors have recently bought and sold shares of LILA. Barclays PLC raised its position in shares of Liberty Latin America by 81.6% in the 3rd quarter. Barclays PLC now owns 70,419 shares of the company's stock worth $675,000 after acquiring an additional 31,642 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Liberty Latin America by 2,129.7% in the 4th quarter. UMB Bank n.a. now owns 169,415 shares of the company's stock valued at $1,077,000 after buying an additional 161,817 shares in the last quarter. Hsbc Holdings PLC purchased a new position in shares of Liberty Latin America in the 4th quarter worth approximately $2,526,000. KLP Kapitalforvaltning AS bought a new position in shares of Liberty Latin America during the 4th quarter worth approximately $37,000. Finally, Empowered Funds LLC boosted its stake in Liberty Latin America by 5.1% in the fourth quarter. Empowered Funds LLC now owns 200,090 shares of the company's stock valued at $1,273,000 after acquiring an additional 9,627 shares in the last quarter. Institutional investors own 18.48% of the company's stock.

Liberty Latin America Company Profile

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.