Liberty Live Group (NASDAQ:LLYVA) Short Interest Down 18.9% in October

Liberty Live Group (NASDAQ:LLYVA) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 411,300 shares, a drop of 18.9% from the October 15th total of 507,300 shares. Based on an average trading volume of 126,700 shares, the short-interest ratio is presently 3.2 days. Currently, 1.7% of the company’s shares are sold short.

Insider Activity at Liberty Live Group

In other Liberty Live Group news, Director Andrea L. Wong sold 1,604 shares of the company’s stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $47.41, for a total transaction of $76,045.64. Following the completion of the sale, the director now owns 5,274 shares in the company, valued at approximately $250,040.34. The trade was a 23.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 stock was sold at an average price of $73.80, for a total value 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 over the last 90 days.

Hedge Funds Weigh In On Liberty Live Group

Several institutional investors and hedge funds have recently made changes to their positions in LLYVA. Point72 DIFC Ltd acquired a new stake in Liberty Live Group during the 3rd quarter worth approximately $77,000. Whittier Trust Co. increased its position in shares of Liberty Live Group by 6,756.5% during the second quarter. Whittier Trust Co. now owns 1,577 shares of the company’s stock worth $59,000 after acquiring an additional 1,554 shares in the last quarter. Quantinno Capital Management LP acquired a new stake in shares of Liberty Live Group during the third quarter worth $222,000. Allspring Global Investments Holdings LLC bought a new stake in Liberty Live Group in the 1st quarter valued at $226,000. Finally, XTX Topco Ltd boosted its stake in Liberty Live Group by 28.4% in the 2nd quarter. XTX Topco Ltd now owns 7,113 shares of the company’s stock worth $267,000 after purchasing an additional 1,574 shares during the period. Institutional investors and hedge funds own 25.07% of the company’s stock.

Liberty Live Group Stock Up 1.0 %

NASDAQ LLYVA traded up $0.62 during trading on Friday, reaching $63.27. 367,801 shares of the stock traded hands, compared to its average volume of 154,720. Liberty Live Group has a fifty-two week low of $31.16 and a fifty-two week high of $67.38. The stock’s 50-day moving average price is $51.57 and its 200 day moving average price is $42.22.

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.