Liberty Global Ltd (NASDAQ:LBTYB) Sees Significant Decrease in Short Interest

Liberty Global Ltd (NASDAQ:LBTYB) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 2,584 shares, a decrease of 48.1% from the April 15th total of 4,977 shares. Based on an average trading volume of 11,034 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Liberty Global Trading Down 2.7%

Shares of Liberty Global stock traded down $0.42 on Monday, reaching $14.98. 1,925 shares of the company’s stock were exchanged, compared to its average volume of 46,830. The company has a market capitalization of $5.07 billion, a P/E ratio of -0.94 and a beta of 0.42. Liberty Global has a 52 week low of $9.29 and a 52 week high of $29.01. The firm’s 50-day moving average is $14.12 and its two-hundred day moving average is $12.62. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently 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.