Liberty Interactive Corporation (NASDAQ:QVCA), According to the latest information the short interest in Liberty Interactive Corporation – Series A QVC Group Common Stock plummeted by 37.8% or 1,589,685 shares. The final shorts are 0.6% of the total floated shares. The positions dropped from 4,210,854 shares on May 31,2016 to 2,621,169 on June 15,2016. According to the per-day average trading of 2,030,442 shares, the days to cover are 1. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Liberty Interactive Corporation (NASDAQ:QVCA): The stock opened at $23.82 on Friday but the bulls could not build on the opening and the stock topped out at $24.35 for the day. The stock traded down to $23.01 during the day, due to lack of any buying support eventually closed down at $24.21 with a loss of -2.77% for the day. The stock had closed at $24.90 on the previous day. The total traded volume was 7,032,753 shares.
The company shares have dropped -12.98% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $31.62 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $25.87 and the 200 Day Moving Average price is recorded at $25.70.
Liberty Interactive Corporation (NASDAQ:QVCA) has tumbled 2.69% during the past week and has dropped 10.6% 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 1.08%. Liberty Interactive Corporation (NASDAQ:QVCA) has underperformed the index by 7.89% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and on-line commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc. (QVC), Backcountry.com, Inc. (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc. (Evite) and its equity affiliates Expedia, Inc. (Expedia), HSN, Inc. (HSN), FTD Companies, Inc. (FTD), Interval Leisure Group, Inc. (Interval Leisure Group) and LendingTree, Inc. (LendingTree). QVC markets and sells a variety of consumer products through live televised shopping and via its Websites and other media, including QVC.com. Backcountry is an e-retailer for outdoor adventure, cycling, action sports and motorcycle gear and clothing. Bodybuilding is an Internet retailer of sports, fitness, and nutritional supplements.