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

Liberty Global Ltd. (NASDAQ:LBTYA) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 5,220,000 shares, an increase of 16.3% from the December 15th total of 4,490,000 shares. Based on an average daily volume of 2,360,000 shares, the short-interest ratio is currently 2.2 days. Approximately 3.1% of the company’s stock are short sold.

Liberty Global Stock Performance

Shares of NASDAQ LBTYA opened at $11.69 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global has a 12 month low of $10.93 and a 12 month high of $21.56. The company has a market cap of $4.18 billion, a price-to-earnings ratio of -1.15 and a beta of 1.25. The business has a fifty day simple moving average of $13.11 and a 200-day simple moving average of $17.42.

Insider Activity at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now directly owns 53,312 shares in the company, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 11.51% of the company’s stock.

Institutional Trading of Liberty Global

A number of hedge funds have recently bought and sold shares of LBTYA. EverSource Wealth Advisors LLC lifted its holdings in shares of Liberty Global by 63.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after purchasing an additional 601 shares in the last quarter. Blue Trust Inc. lifted its stake in Liberty Global by 110.3% in the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after acquiring an additional 975 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its position in Liberty Global by 62.1% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock worth $227,000 after acquiring an additional 4,142 shares during the period. Clifford Capital Partners LLC purchased a new position in Liberty Global during the 3rd quarter valued at about $227,000. Finally, Private Advisor Group LLC increased its holdings in shares of Liberty Global by 8.1% in the 3rd quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after purchasing an additional 835 shares during the period. 37.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on LBTYA. Barclays cut their price target on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday, November 25th. Benchmark restated a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liberty Global from $38.00 to $23.00 and set a “buy” rating for the company in a report on Thursday, December 5th. UBS Group cut Liberty Global from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Finally, Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $13.10 to $12.60 in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $18.94.

About Liberty Global

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.