Liberty Live Group (NASDAQ:LLYVA) Short Interest Update

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

Liberty Live Group Price Performance

Shares of Liberty Live Group stock traded up $0.62 during trading hours on Friday, hitting $63.27. The company’s stock had a trading volume of 367,801 shares, compared to its average volume of 196,153. Liberty Live Group has a 1-year low of $31.16 and a 1-year high of $67.38. The business has a fifty day moving average of $51.57 and a 200 day moving average of $42.26.

Insider Activity at Liberty Live Group

In related news, Director Andrea L. Wong sold 1,604 shares of the business’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $47.41, for a total value of $76,045.64. Following the completion of the sale, the director now directly owns 5,274 shares in the company, valued at approximately $250,040.34. The trade was a 23.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Brian J. Wendling sold 10,011 shares of the stock in a transaction on Friday, September 20th. The stock was 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. Over the last three months, insiders sold 30,817 shares of company stock worth $2,327,591.

Institutional Investors Weigh In On Liberty Live Group

A number of large investors have recently added to or reduced their stakes in LLYVA. Allspring Global Investments Holdings LLC acquired a new stake in Liberty Live Group during the 1st quarter valued at $226,000. Vanguard Group Inc. grew its holdings in Liberty Live Group by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 2,040,447 shares of the company’s stock valued at $86,413,000 after purchasing an additional 45,325 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Liberty Live Group by 6.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,366 shares of the company’s stock valued at $482,000 after purchasing an additional 647 shares in the last quarter. Virtu Financial LLC grew its holdings in Liberty Live Group by 65.4% during the 1st quarter. Virtu Financial LLC now owns 215,831 shares of the company’s stock valued at $9,140,000 after purchasing an additional 85,350 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Liberty Live Group by 13.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 52,637 shares of the company’s stock valued at $1,974,000 after purchasing an additional 6,162 shares in the last quarter. 25.07% of the stock is owned by institutional investors and hedge funds.

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.