Liberty Global PLC (LBTYK) Short Interest Up 30.8% in October

Liberty Global PLC (NASDAQ:LBTYK) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 8,855,753 shares, an increase of 30.8% from the September 28th total of 6,769,892 shares. Based on an average trading volume of 3,865,161 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.5% of the shares of the stock are sold short.

Separately, ValuEngine cut shares of Liberty Global from a “hold” rating to a “sell” rating in a research note on Friday, June 29th.

Shares of Liberty Global stock opened at $23.39 on Friday. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 5.98. Liberty Global has a 1-year low of $22.56 and a 1-year high of $37.86.



Liberty Global (NASDAQ:LBTYK) last issued its quarterly earnings data on Wednesday, August 8th. The company reported $0.80 earnings per share for the quarter. The firm had revenue of $3.05 billion for the quarter. Liberty Global had a negative net margin of 11.46% and a negative return on equity of 27.88%.

A number of institutional investors have recently modified their holdings of the business. Oppenheimer Asset Management Inc. grew its stake in Liberty Global by 30.0% during the third quarter. Oppenheimer Asset Management Inc. now owns 1,888,904 shares of the company’s stock worth $53,191,000 after buying an additional 435,706 shares during the last quarter. St. James Investment Company LLC grew its stake in shares of Liberty Global by 112.8% during the third quarter. St. James Investment Company LLC now owns 1,951,991 shares of the company’s stock valued at $54,968,000 after purchasing an additional 1,034,553 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Liberty Global by 14.4% during the third quarter. Russell Investments Group Ltd. now owns 413,540 shares of the company’s stock valued at $11,653,000 after purchasing an additional 52,014 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Liberty Global by 3.7% during the third quarter. First Trust Advisors LP now owns 129,891 shares of the company’s stock valued at $3,658,000 after purchasing an additional 4,661 shares during the last quarter. Finally, Milestone Group Inc. grew its stake in shares of Liberty Global by 45.8% during the third quarter. Milestone Group Inc. now owns 13,194 shares of the company’s stock valued at $372,000 after purchasing an additional 4,143 shares during the last quarter. 58.35% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Company Profile

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

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