Liberty Interactive Co. – Series A Liberty Ventures (LVNTA) Short Interest Up 38.9% in April

Liberty Interactive Co. – Series A Liberty Ventures (NASDAQ:LVNTA) was the recipient of a significant increase in short interest in April. As of April 13th, there was short interest totalling 5,607,072 shares, an increase of 38.9% from the March 31st total of 4,037,482 shares. Based on an average daily volume of 1,969,110 shares, the days-to-cover ratio is currently 2.8 days. Currently, 7.1% of the shares of the company are short sold.

A number of research analysts have recently issued reports on the company. Pivotal Research upped their price target on Liberty Interactive Co. – Series A Liberty Ventures from $58.00 to $66.00 and gave the company a “buy” rating in a report on Thursday, April 6th. FBR & Co upgraded Liberty Interactive Co. – Series A Liberty Ventures from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $48.00 to $60.00 in a research report on Tuesday, April 4th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $53.00.

Shares of Liberty Interactive Co. – Series A Liberty Ventures (NASDAQ:LVNTA) opened at 50.91 on Friday. The stock has a market cap of $4.35 billion, a PE ratio of 5.11 and a beta of 1.03. The company’s 50-day moving average price is $51.66 and its 200-day moving average price is $43.87. Liberty Interactive Co. – Series A Liberty Ventures has a 52-week low of $31.10 and a 52-week high of $54.99.

A number of hedge funds have recently modified their holdings of the company. New York State Teachers Retirement System purchased a new stake in shares of Liberty Interactive Co. – Series A Liberty Ventures during the fourth quarter worth approximately $114,000. Artemis Investment Management LLP purchased a new stake in shares of Liberty Interactive Co. – Series A Liberty Ventures during the fourth quarter worth approximately $132,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Liberty Interactive Co. – Series A Liberty Ventures during the first quarter worth approximately $142,000. US Bancorp DE boosted its stake in shares of Liberty Interactive Co. – Series A Liberty Ventures by 15.4% in the first quarter. US Bancorp DE now owns 3,462 shares of the company’s stock worth $154,000 after buying an additional 462 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Liberty Interactive Co. – Series A Liberty Ventures by 8.8% in the first quarter. Envestnet Asset Management Inc. now owns 3,668 shares of the company’s stock worth $164,000 after buying an additional 297 shares in the last quarter.

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Liberty Interactive Co. – Series A Liberty Ventures Company Profile

Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its businesses and assets include its consolidated subsidiaries QVC, Inc (QVC), Backcountry.com, Inc (Backcountry), Bodybuilding.com, LLC (Bodybuilding), CommerceHub and Evite, Inc (Evite) and its equity affiliates Expedia, Inc (Expedia), HSN, Inc (HSN), FTD Companies, Inc (FTD), Interval Leisure Group, Inc (Interval Leisure Group) and LendingTree, Inc (LendingTree).

12 Month Chart for NASDAQ:LVNTA

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