Liberty Global Ltd. (NASDAQ:LBTYK) Short Interest Down 15.6% in November

Liberty Global Ltd. (NASDAQ:LBTYK) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 3,720,000 shares, a decrease of 15.6% from the October 31st total of 4,410,000 shares. Based on an average daily volume of 1,420,000 shares, the days-to-cover ratio is currently 2.6 days. Currently, 2.5% of the shares of the company are short sold.

Hedge Funds Weigh In On Liberty Global

A number of hedge funds and other institutional investors have recently bought and sold shares of LBTYK. Deseret Mutual Benefit Administrators boosted its holdings in Liberty Global by 41.4% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock valued at $46,000 after purchasing an additional 754 shares in the last quarter. US Bancorp DE grew its holdings in Liberty Global by 124.9% during the third quarter. US Bancorp DE now owns 2,161 shares of the company’s stock worth $47,000 after acquiring an additional 1,200 shares during the period. Rothschild Investment LLC purchased a new position in Liberty Global in the second quarter worth $71,000. Point72 Asset Management L.P. purchased a new position in Liberty Global in the second quarter worth $109,000. Finally, CWM LLC boosted its position in shares of Liberty Global by 1,159.4% during the 3rd quarter. CWM LLC now owns 6,272 shares of the company’s stock worth $136,000 after purchasing an additional 5,774 shares in the last quarter. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Liberty Global Trading Up 1.0 %

Shares of LBTYK stock opened at $14.62 on Friday. Liberty Global has a twelve month low of $11.25 and a twelve month high of $22.14. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average is $19.10 and its two-hundred day moving average is $18.93. The company has a market capitalization of $5.23 billion, a P/E ratio of -1.44 and a beta of 1.14.

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.