Liberty Global Ltd. (NASDAQ:LBTYK) Short Interest Update

Liberty Global Ltd. (NASDAQ:LBTYK) was the recipient of a large drop in short interest in November. As of November 15th, there was short interest totalling 3,720,000 shares, a drop of 15.6% from the October 31st total of 4,410,000 shares. Approximately 2.5% of the shares of the stock are short sold. Based on an average trading volume of 1,420,000 shares, the short-interest ratio is presently 2.6 days.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Liberty Global in a research note on Thursday, November 14th. They issued a “hold” rating for the company.

Liberty Global Trading Up 1.0 %

NASDAQ LBTYK opened at $14.62 on Monday. The stock’s 50-day simple moving average is $19.10 and its two-hundred day simple moving average is $18.94. Liberty Global has a twelve month low of $11.25 and a twelve month high of $22.14. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $5.23 billion, a price-to-earnings ratio of -1.44 and a beta of 1.14.

Institutional Trading of Liberty Global

Hedge funds have recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. purchased a new stake in Liberty Global during the first quarter valued at about $446,000. Cetera Investment Advisers increased its stake in Liberty Global by 91.8% in the 1st quarter. Cetera Investment Advisers now owns 214,785 shares of the company’s stock worth $3,789,000 after purchasing an additional 102,828 shares during the period. Cetera Advisors LLC lifted its position in Liberty Global by 556.1% in the first quarter. Cetera Advisors LLC now owns 125,210 shares of the company’s stock valued at $2,209,000 after purchasing an additional 106,126 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Liberty Global by 127.8% in the second quarter. Bank of New York Mellon Corp now owns 549,496 shares of the company’s stock worth $9,808,000 after purchasing an additional 308,324 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Liberty Global by 51.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 55,249 shares of the company’s stock worth $986,000 after buying an additional 18,724 shares during the period. Institutional investors own 46.10% of the company’s stock.

Liberty Global Company Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.