Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) Short Interest Up ∞ in July

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 1 shares, an increase of ∞ from the June 30th total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 6 shares, the days-to-cover ratio is presently 0.2 days.

Liberty Media Corporation – Liberty Formula One Series B Price Performance

Shares of OTCMKTS:FWONB remained flat at $90.00 during mid-day trading on Wednesday. The company has a 50 day moving average price of $82.32 and a 200 day moving average price of $80.76. Liberty Media Corporation – Liberty Formula One Series B has a 52 week low of $73.00 and a 52 week high of $96.00. The firm has a market capitalization of $22.54 billion, a PE ratio of 41.28 and a beta of 0.34.

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.03 EPS for the quarter.

About Liberty Media Corporation – Liberty Formula One Series B

Liberty Media Corporation’s Liberty Formula One Series B (OTCMKTS: FWONB) is a tracking stock that represents Liberty Media’s economic interest in its Formula One business. The Formula One Group controls the commercial rights to the FIA Formula One World Championship, packaging and selling global media rights, sponsorships, event-hosting agreements, licensing and hospitality to maximize revenue from the sport. The tracking stock structure allows investors to gain exposure specifically to Liberty’s Formula 1 assets and cash flows while remaining part of the broader Liberty Media corporate structure.

Formula 1 is a global motorsport and entertainment property that stages a world championship calendar of races across Europe, the Americas, Asia and the Middle East.