Liberty Global Ltd (NASDAQ:LBTYB) Shares Shorted: Short Interest Up 106.0% in September

Liberty Global Ltd (NASDAQ:LBTYB) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 6,209 shares, an increase of 106.0% from the September 15th total of 3,014 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 39,170 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Liberty Global Price Performance

Shares of NASDAQ:LBTYB traded down $0.17 during midday trading on Thursday, reaching $11.93. 1,624 shares of the company’s stock were exchanged, compared to its average volume of 28,442. The company’s 50 day simple moving average is $12.61 and its two-hundred day simple moving average is $13.20. The firm has a market capitalization of $4.07 billion, a PE ratio of -1.33 and a beta of 0.46. Liberty Global has a 12 month low of $10.20 and a 12 month high of $29.01. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28.

Liberty Global (NASDAQ:LBTYB) last issued its earnings results on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.34 billion. Liberty Global had a negative net margin of 62.11% and a negative return on equity of 28.82%.

Institutional Investors Weigh In On Liberty Global

An institutional investor recently bought a new stake in Liberty Global stock. FNY Investment Advisers LLC acquired a new stake in Liberty Global Ltd (NASDAQ:LBTYB) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 5,252 shares of the company’s stock, valued at approximately $68,000. 0.47% of the stock is owned by institutional investors and hedge funds.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that builds, operates and invests in broadband, mobile, television and fixed-line communications businesses. Its offerings generally include high-speed internet, video and entertainment services, mobile connectivity, fixed-line voice and communications solutions for businesses and public-sector customers.

The company serves customers primarily across Europe through wholly owned operations, joint ventures and strategic investments.