Liberty Global Ltd (NASDAQ:LBTYB) Shares Shorted: Short Interest Down 44.2% in October

Liberty Global Ltd (NASDAQ:LBTYB) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,464 shares, a drop of 44.2% from the September 30th total of 6,209 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 13,049 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has an average rating of “Sell”.

Liberty Global Stock Down 2.7%

NASDAQ:LBTYB opened at $10.71 on Tuesday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28. The firm’s 50-day moving average price is $12.28 and its 200-day moving average price is $12.95. The company has a market capitalization of $3.65 billion, a PE ratio of -1.19 and a beta of 0.46. Liberty Global has a 1-year low of $10.20 and a 1-year high of $29.01.

Institutional Investors Weigh In On Liberty Global

A hedge fund recently bought a new position in Liberty Global stock. FNY Investment Advisers LLC bought a new position in Liberty Global Ltd (NASDAQ:LBTYB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,252 shares of the company’s stock, valued at approximately $68,000. Institutional investors and hedge funds own 0.47% of the company’s stock.

About Liberty Global

Liberty Global Ltd. is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line telephone, and video businesses. Its services generally include high-speed internet, wireless communications, digital television, streaming and entertainment offerings, and business connectivity solutions.

The company has operations and strategic investments across Europe, including interests in Virgin Media O2 in the United Kingdom, Telenet in Belgium, VodafoneZiggo in the Netherlands, and Sunrise in Switzerland.