Liberty Global Ltd (NASDAQ:LBTYB) Stock Short Interest Report for October

Key Points

• Short interest fell 44.2% in October to 3,464 shares, representing 0.0% of shares outstanding and just 0.3 days to cover based on average trading volume.
• Analyst sentiment remains bearish: Weiss Ratings reiterated a “sell (D-)” rating, and the stock has a consensus “Sell” rating from analysts.
• Liberty Global shares declined 0.7% to $10.92, near the lower end of their 52-week range, while institutional investors own only 0.47% of the company.

Liberty Global Ltd (NASDAQ:LBTYB - Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 3,464 shares, a decrease of 44.2% from the September 30th total of 6,209 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 13,049 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Liberty Global in a report on Thursday. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock presently has a consensus rating of "Sell".

Hedge Funds Weigh In On Liberty Global

A hedge fund recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC bought a new position in Liberty Global Ltd (NASDAQ:LBTYB - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,252 shares of the company's stock, valued at approximately $68,000. Hedge funds and other institutional investors own 0.47% of the company's stock.

Liberty Global Trading Down 0.7%

Liberty Global stock traded down $0.08 during midday trading on Friday, hitting $10.92. 902 shares of the stock were exchanged, compared to its average volume of 8,822. The stock's 50-day simple moving average is $12.33 and its 200 day simple moving average is $12.95. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. Liberty Global has a fifty-two week low of $10.20 and a fifty-two week high of $29.01. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of -1.22 and a beta of 0.46.

About Liberty Global

Liberty Global Ltd. is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line telephone, and video businesses. Its services generally include high-speed internet, wireless communications, digital television, streaming and entertainment offerings, and business connectivity solutions.

The company has operations and strategic investments across Europe, including interests in Virgin Media O2 in the United Kingdom, Telenet in Belgium, VodafoneZiggo in the Netherlands, and Sunrise in Switzerland.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.