Short Interest in Liberty Live Group (NASDAQ:LLYVA) Decreases By 17.2%

Liberty Live Group (NASDAQ:LLYVA) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 336,800 shares, a drop of 17.2% from the November 30th total of 406,700 shares. Based on an average daily volume of 166,800 shares, the short-interest ratio is currently 2.0 days. Currently, 1.4% of the shares of the stock are sold short.

Insider Transactions at Liberty Live Group

In related news, CAO Brian J. Wendling sold 1,094 shares of Liberty Live Group stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $69.57, for a total value of $76,109.58. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Gregory B. Maffei sold 35,463 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $71.53, for a total transaction of $2,536,668.39. Following the completion of the transaction, the chief executive officer now owns 1,240,785 shares of the company’s stock, valued at approximately $88,753,351.05. The trade was a 2.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Linonia Partnership LP lifted its holdings in shares of Liberty Live Group by 9.7% during the 3rd quarter. Linonia Partnership LP now owns 2,498,950 shares of the company’s stock valued at $123,723,000 after buying an additional 220,317 shares during the last quarter. Point72 Asset Management L.P. raised its position in Liberty Live Group by 3.3% during the third quarter. Point72 Asset Management L.P. now owns 1,574,300 shares of the company’s stock valued at $77,944,000 after acquiring an additional 49,784 shares in the last quarter. ValueAct Holdings L.P. bought a new position in Liberty Live Group during the third quarter valued at approximately $33,261,000. Virtu Financial LLC lifted its stake in Liberty Live Group by 141.2% in the third quarter. Virtu Financial LLC now owns 182,372 shares of the company’s stock valued at $9,029,000 after acquiring an additional 106,752 shares during the last quarter. Finally, HBK Investments L P bought a new stake in Liberty Live Group in the third quarter worth approximately $8,979,000. Institutional investors and hedge funds own 25.07% of the company’s stock.

Liberty Live Group Price Performance

Shares of LLYVA traded down $0.51 during trading hours on Friday, reaching $67.49. The company’s stock had a trading volume of 68,330 shares, compared to its average volume of 151,300. The company has a 50 day moving average of $65.12 and a two-hundred day moving average of $49.00. Liberty Live Group has a 1-year low of $32.54 and a 1-year high of $72.88.

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.