Liberty Live Group (NASDAQ:LLYVA) Sees Large Decline in Short Interest

Liberty Live Group (NASDAQ:LLYVA) saw a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 411,300 shares, a decrease of 18.9% from the October 15th total of 507,300 shares. Approximately 1.7% of the company’s stock are sold short. Based on an average daily volume of 126,700 shares, the days-to-cover ratio is currently 3.2 days.

Liberty Live Group Price Performance

Shares of NASDAQ:LLYVA traded up $0.62 during midday trading on Friday, reaching $63.27. 367,801 shares of the company’s stock were exchanged, compared to its average volume of 154,720. The company’s 50 day simple moving average is $51.06 and its two-hundred day simple moving average is $42.03. Liberty Live Group has a 12 month low of $31.16 and a 12 month high of $67.38.

Insider Transactions at Liberty Live Group

In related news, insider Renee L. Wilm sold 19,202 shares of the firm’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $78.78, for a total value of $1,512,733.56. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Brian J. Wendling sold 10,011 shares of the firm’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of $73.80, for a total transaction of $738,811.80. The disclosure for this sale can be found here. Insiders have sold a total of 30,817 shares of company stock worth $2,327,591 in the last 90 days.

Hedge Funds Weigh In On Liberty Live Group

Several institutional investors have recently added to or reduced their stakes in LLYVA. Barclays PLC increased its position in Liberty Live Group by 21.5% in the 3rd quarter. Barclays PLC now owns 24,532 shares of the company’s stock valued at $1,214,000 after acquiring an additional 4,335 shares in the last quarter. ValueAct Holdings L.P. acquired a new stake in Liberty Live Group in the 3rd quarter valued at about $33,261,000. Orion Portfolio Solutions LLC acquired a new stake in Liberty Live Group in the 3rd quarter valued at about $795,000. XTX Topco Ltd increased its position in Liberty Live Group by 39.5% in the 3rd quarter. XTX Topco Ltd now owns 9,926 shares of the company’s stock valued at $491,000 after acquiring an additional 2,813 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in Liberty Live Group in the 3rd quarter valued at about $222,000. 25.07% of the stock is owned by institutional investors.

About Liberty Live Group

Liberty Live Group operates in the media, communications, and entertainment industries primarily in North America and the United Kingdom. The company is headquartered in Englewood, Colorado.