November 24, 2016 - By Hazel Jackson · 0 Comments
The stock of Liberty Global Plc Class C Ord (NASDAQ:LBTYK) registered an increase of 1.91% in short interest. LBTYK’s total short interest was 12.85 million shares in November as published by FINRA. Its up 1.91% from 12.61M shares, reported previously. With 1.59 million shares average volume, it will take short sellers 8 days to cover their LBTYK’s short positions. The short interest to Liberty Global Plc Class C Ord’s float is 1.51%. The stock decreased 2.50% or $0.8 on November 23, hitting $31.25. About 2.49M shares traded hands. Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) has declined 15.72% since April 22, 2016 and is downtrending. It has underperformed by 21.13% the S&P500.
Liberty Global plc (Liberty), incorporated on January 29, 2013, is an international cable firm with activities in 14 countries. The Firm connects people to the digital world and enables them to discover and experience its endless possibilities. The Company’s products are provided through next-generation networks and technology platforms that connect 27 million clients subscribing to 57 million television, broadband Internet and telephony services. In addition, the Company served five million mobile subscribers and offered WiFi service across six million access points. The Company’s consumer brands include Virgin Media, Ziggo, Unitymedia, Telenet, UPC, VTR, and Liberty Cablevision. The Company’s activities also include Liberty Global Business Services and Liberty Global Ventures.
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By Hazel Jackson