Short Interest in Liberty Global Ltd (NASDAQ:LBTYB) Drops By 43.4%

Liberty Global Ltd (NASDAQ:LBTYB) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,987 shares, a drop of 43.4% from the May 31st total of 3,510 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,135 shares, the short-interest ratio is currently 1.8 days.

Liberty Global Price Performance

Shares of Liberty Global stock opened at $12.62 on Friday. The firm has a fifty day simple moving average of $14.22 and a 200-day simple moving average of $13.13. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. Liberty Global has a 1-year low of $9.79 and a 1-year high of $29.01. The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of -0.79 and a beta of 0.41.

Liberty Global (NASDAQ:LBTYB) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $1.31. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

About Liberty Global

Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland, Belgium, Switzerland, Central and Eastern Europe, and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content. The company was founded in 2004 and is headquartered in London, the United Kingdom.