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Short Interest Update for Liberty Global plc (NASDAQ:LBTYA)

Yasmim Mendonça by Yasmim Mendonça
March 18, 2023
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In February, there was a significant increase in the number of short positions held in Liberty Global plc (NASDAQ: LBTYA).

As of February 28, there were a total of 5,500,000 shares available for short sales held in Liberty Global plc (NASDAQ: LBTYA).

As of February 28, there were a total of 5,500,000 shares available for a short sale.

This figure represents a 6.0% increase compared to the total number of 5,190,000 shares available the day before.

Approximately 3.3% of the company’s total shares are being sold short.

Based on an average daily volume of 1,510,000 shares traded in the market, the current short-interest ratio is 3.6 days.

This number was calculated using the data.

The NASDAQ LBTYA began trading for $18.48 on Thursday when the market opened.

There is a 1:1.61 correlation between the debt-to-equity ratio, the current ratio, and the quick ratio.

The ratio of debt to equity is currently set at 0.57. Over the previous year, Liberty Global’s prices ranged between $26.47 and their all-time high of $26.47.

The company is worth $8.43 billion, has a beta of 1.25, and has a price-to-earnings ratio of 1.38.

The current ratio, the quick ratio, and the overall ratio are all equal to 1.61.

The ratio of debt to equity is currently set at 0.57. Over the previous year, Liberty Global’s prices ranged between $26.47 and their all-time high of $26.47.

The company is currently valued at $8.43 billion and has a price-to-earnings ratio of 1.38.

Additionally, its beta value is 1.25.

The company’s simple moving average for the past 50 days comes in at $20.69, and the simple moving average for the past 200 days comes in at $19.14.
Many analysts have recently produced reports on the stock, which have recently been made public.

Benchmark decreased their target price on Liberty Global shares from $45.00 to $33.00 and categorized the stock as a “buy” in a research report published on Tuesday, February 14.

Barclays upgraded Liberty Global from an “equal weight” rating to an “overweight” rating.

They raised their price objective on the stock from $22 to $25 in a research note distributed by the firm on Monday, January 9.

The note was included in Barclay’s distribution on January 9. Sanford C.

Bernstein decreased its price objective on Liberty Global from $31.60 to $23.00 and downgraded the company from “outperform” to “market perform” in a research report published on Thursday, January 12. Citigroup raised their price objective for Liberty Global’s stock from $18.00 to $20.00 and rated the company’s performance as “neutral” in a research report published on Tuesday, December 6.

The Goldman Sachs Group rated Liberty Global as “neutral” in a research report published on Wednesday, December 14.

This is a change from the “buy” recommendation they had previously issued regarding this company. Four financial analysts have issued a buy recommendation for the company’s stock, while six have a hold rating.

According to Bloomberg, the stock is currently rated as having a consensus recommendation of “Hold,” and the consensus price objective for the stock is listed as $27.31.

In other news about this topic, Executive Vice President Bryan H. Hall completed the sale of 5,000 of the company’s shares of stock on March 7.

The stock was sold for an average price of $20.76 per share, resulting in a transaction valued at $103,800.00.

This was the result of a transaction.

As soon as the deal is finalized, the executive vice president will be the proud owner of 133,135 company shares, each of which has a value of $2,763,882.60.

After clicking on this link, you will be taken to the SEC filing, where the transaction was described in greater detail.

Employed employees own 9.86% of the company’s total shares.

Recently, several hedge funds and other types of institutional investors have been buying and selling company shares. Other types of institutional investors have also been involved in this activity.

During the second quarter, Captrust Financial Advisors increased the percentage of Liberty Global shares they owned by 40.0%.

After purchasing an additional 520 shares during the relevant period, Captrust Financial Advisors now has 1,821 shares of the company’s stock in their possession.

The current market value of these shares is $38,000.

A 272.3% increase in the proportion of Liberty Global stock that CVA Family Office LLC owns was accomplished during the quarter’s fourth and final month. CVA Family Office LLC now has a total ownership stake in the company equal to 2,420 shares, for $46,000, after purchasing an additional 1,770 shares during the most recent quarter.

This brought the total amount spent on the company’s stock to.

During the third quarter, Exchange Traded Concepts LLC achieved a 387.7% increase in the proportion of Liberty Global stock it owned.

Exchange Traded Concepts LLC now holds 3,131 shares of the company’s stock following the acquisition of an additional 2,489 shares during the most recent period.

Each share of the company’s stock is currently worth $49,000.

During the fourth quarter, Franklin Resources INC increased the amount of Liberty Global stock held by 67.4 percent from the previous quarter. Franklin Resources INC now has a total of 2,699 shares of the company’s stock, worth a combined total of $51,000 after acquiring an additional 1,087 shares during the most recent fiscal quarter.
Last but not least, during the fourth quarter of 2018, Dark Forest Capital Management LP acquired a new position in Liberty Global for close to $56,000.

This was the company’s final investment of 2018. Hedge funds and other institutional investors hold 31.18% of the outstanding shares.

Tags: LBTYA, Analyst Rating
Yasmim Mendonça

Yasmim Mendonça

Yasmine's focus is on uncovering early-stage ideas with the potential to have a lasting impact. Her educational background includes a bachelor's degree in finance, an MBA, and two tests completed - the CFA and CMT.

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The Best Stocks, its managers, its employees, affiliates and assigns (collectively “The Company”) do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above.

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