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

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 1 shares, an increase of ∞ from the April 30th total of 0 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 52 shares, the short-interest ratio is currently 0.0 days.

Liberty Media Corporation – Liberty Formula One Series B Stock Performance

Shares of FWONB stock remained flat at $82.00 during trading hours on Monday. The company has a market capitalization of $20.54 billion, a PE ratio of 37.61 and a beta of 0.35. 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 company’s 50-day moving average price is $79.71 and its 200 day moving average price is $82.26.

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

Liberty Media Corporation – Liberty Formula One Series B Company Profile

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.