Short Interest in Liberty Live Group (NASDAQ:LLYVA) Decreases By 14.9%

Liberty Live Group (NASDAQ:LLYVA) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totalling 718,600 shares, a decline of 14.9% from the July 15th total of 844,500 shares. Based on an average daily trading volume, of 131,500 shares, the short-interest ratio is presently 5.5 days. Approximately 2.9% of the shares of the company are sold short.

Insider Buying and Selling at Liberty Live Group

In related news, major shareholder Berkshire Hathaway Inc sold 52,911 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $34.06, for a total value of $1,802,148.66. Following the transaction, the insider now owns 4,999,007 shares of the company’s stock, valued at $170,266,178.42. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Institutional Investors Weigh In On Liberty Live Group

A number of institutional investors and hedge funds have recently modified their holdings of LLYVA. Susquehanna International Group LLP raised its position in shares of Liberty Live Group by 22.2% during the 2nd quarter. Susquehanna International Group LLP now owns 169,186 shares of the company’s stock worth $6,346,000 after purchasing an additional 30,775 shares during the last quarter. Linonia Partnership LP raised its holdings in shares of Liberty Live Group by 91.1% in the 2nd quarter. Linonia Partnership LP now owns 2,278,633 shares of the company’s stock valued at $85,472,000 after buying an additional 1,086,337 shares during the period. Troluce Capital Advisors LLC acquired a new stake in Liberty Live Group during the 2nd quarter worth approximately $4,032,000. Point72 Asset Management L.P. increased its stake in Liberty Live Group by 13.4% in the second quarter. Point72 Asset Management L.P. now owns 1,524,516 shares of the company’s stock valued at $57,185,000 after purchasing an additional 180,017 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in Liberty Live Group in the 2nd quarter valued at $560,000. Institutional investors and hedge funds own 25.07% of the company’s stock.

Liberty Live Group Price Performance

NASDAQ LLYVA remained flat at $38.56 during trading on Friday. 45,286 shares of the company’s stock traded hands, compared to its average volume of 157,878. Liberty Live Group has a twelve month low of $29.48 and a twelve month high of $43.24. The firm’s 50 day moving average price is $36.55 and its 200 day moving average price is $37.59.

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.