Liberty Live Group (NASDAQ:LLYVK) Short Interest Down 21.9% in April

Liberty Live Group (NASDAQ:LLYVK) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,070,000 shares, a drop of 21.9% from the March 31st total of 1,370,000 shares. Approximately 1.8% of the company’s shares are short sold. Based on an average trading volume of 364,200 shares, the short-interest ratio is currently 2.9 days.

Insider Buying and Selling at Liberty Live Group

In related news, major shareholder Berkshire Hathaway Inc bought 175,827 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was purchased at an average price of $30.70 per share, for a total transaction of $5,397,888.90. Following the acquisition, the insider now owns 48,499,472 shares of the company’s stock, valued at $1,488,933,790.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders purchased a total of 6,817,430 shares of company stock worth $191,540,285 over the last three months.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Arizona State Retirement System increased its holdings in Liberty Live Group by 4.7% during the 4th quarter. Arizona State Retirement System now owns 14,224 shares of the company’s stock worth $532,000 after purchasing an additional 643 shares during the period. Dougherty Wealth Advisers LLC acquired a new stake in shares of Liberty Live Group during the third quarter worth about $25,000. Tower Research Capital LLC TRC grew its position in shares of Liberty Live Group by 124.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,617 shares of the company’s stock worth $60,000 after acquiring an additional 897 shares during the last quarter. Balentine LLC acquired a new position in shares of Liberty Live Group in the 3rd quarter valued at $35,000. Finally, Quent Capital LLC purchased a new stake in Liberty Live Group in the 4th quarter valued at $43,000. Institutional investors and hedge funds own 60.36% of the company’s stock.

Liberty Live Group Price Performance

NASDAQ LLYVK remained flat at $37.46 during trading on Friday. The company’s stock had a trading volume of 427,821 shares, compared to its average volume of 333,087. The business’s fifty day moving average is $40.41 and its 200 day moving average is $36.97. Liberty Live Group has a 52 week low of $29.63 and a 52 week high of $44.16.

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.