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

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 50 shares, a growth of ? from the August 15th total of 0 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 50 shares, the days-to-cover ratio is presently 1.0 days.

Liberty Media Corporation – Liberty Formula One Series B Stock Performance

OTCMKTS:FWONB opened at $87.50 on Thursday. Liberty Media Corporation – Liberty Formula One Series B has a 1 year low of $73.00 and a 1 year high of $96.00. The stock has a 50-day moving average price of $87.83 and a two-hundred day moving average price of $83.18. The stock has a market cap of $21.92 billion, a price-to-earnings ratio of 128.68 and a beta of 0.35.

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.02 EPS for the quarter.

About Liberty Media Corporation – Liberty Formula One Series B

Liberty Media Corporation’s Liberty Formula One Group represents the company’s ownership interest in Formula 1, the global motorsport championship. Through Formula 1, the group manages and commercializes the series’ commercial rights, including race promotion, media and broadcasting rights, sponsorships, licensing, and digital and hospitality activities.

Formula 1 organizes a worldwide racing calendar featuring events across Europe, the Americas, Asia, the Middle East, and Australia. Its business serves international audiences, race promoters, broadcasters, sponsors, teams, and motorsport fans through live events, media programming, branded merchandise, digital content, and related experiences.

Liberty Media acquired control of Formula 1 in 2017 from funds managed by CVC Capital Partners.