Liberty Global plc (NASDAQ:LBTYA) reported a rise of 13.2% or 619,510 shares in its short interest. The short figure came in at 1.9% of the total floats. The average daily volume of 3,636,112 shares suggests that the days to cover 5,323,767 short positions, as on June 15,2016, will be 1. On May 31,2016, the short interest was 4,704,257 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Liberty Global plc (NASDAQ:LBTYA): The stock opened at $30.00 on Friday but the bulls could not build on the opening and the stock topped out at $30.22 for the day. The stock traded down to $28.74 during the day, due to lack of any buying support eventually closed down at $28.80 with a loss of -13.10% for the day. The stock had closed at $33.14 on the previous day. The total traded volume was 14,075,187 shares.
The company shares have dropped -46.83% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $55.73 and the one year low was seen on Jun 24, 2016. The 50-Day Moving Average price is $36.29 and the 200 Day Moving Average price is recorded at $37.09.
Liberty Global plc (NASDAQ:LBTYA) has tumbled 16.64% during the past week and has dropped 22.81% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 15.26%. Liberty Global plc (NASDAQ:LBTYA) has underperformed the index by 20.47% in the last 4 weeks. Investors should watch out for further signals and trade with caution.