Liberty Interactive Corporation (LVNTA) : The traders have covered their outstanding shorts in Liberty Interactive Corporation (LVNTA) to the tune of -312,689 shares, a change of -8%. As on Jul 29, 2016, the outstanding shorts on the stock were 3,926,668 shares, however, by August 15, 2016, the shorts had reduced to 3,613,979 shares. The covering shows that the traders dont believe that a large downside exists in the stock from current levels. The open short positions equal 2.7% of the free float of the stock. It takes 4 days to cover the outstanding short positions. The stock has an average daily volume of 887,070 shares. The short interest information was released on Wednesday Aug 24th after the market close.
Liberty Interactive Corporation (NASDAQ:LVNTA): The stock opened at $38.82 on Wednesday but the bulls could not build on the opening and the stock topped out at $39.06 for the day. The stock traded down to $38.70 during the day, due to lack of any buying support eventually closed down at $38.78 with a loss of -0.39% for the day. The stock had closed at $38.93 on the previous day. The total traded volume was 823,261 shares.
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.