Short Interest in GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) Declines By 17.8%

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totaling 127,686 shares, a decrease of 17.8% from the March 31st total of 155,268 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 33,016 shares, the short-interest ratio is presently 3.9 days.

GCI Liberty, Inc. – Series A GCI Group Stock Performance

GLIBA traded down $0.40 during trading on Friday, reaching $34.46. 37,792 shares of the company were exchanged, compared to its average volume of 37,117. GCI Liberty, Inc. – Series A GCI Group has a 52 week low of $28.00 and a 52 week high of $41.87. The company has a current ratio of 3.14, a quick ratio of 3.14 and a debt-to-equity ratio of 0.62. The firm has a 50 day moving average of $37.17 and a 200 day moving average of $36.44. The stock has a market cap of $989.00 million and a P/E ratio of 4.97.

GCI Liberty, Inc. – Series A GCI Group (NASDAQ:GLIBA) last posted its earnings results on Wednesday, February 11th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.24. The company had revenue of $262.00 million during the quarter, compared to the consensus estimate of $264.00 million. On average, sell-side analysts forecast that GCI Liberty, Inc. – Series A GCI Group will post 4.16 EPS for the current fiscal year.

Institutional Trading of GCI Liberty, Inc. – Series A GCI Group

Several hedge funds have recently bought and sold shares of GLIBA. Crossingbridge Advisors LLC bought a new position in GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter worth about $14,499,000. Vanguard Group Inc. bought a new stake in shares of GCI Liberty, Inc. – Series A GCI Group during the third quarter valued at approximately $11,733,000. Luxor Capital Group LP bought a new stake in shares of GCI Liberty, Inc. – Series A GCI Group during the third quarter valued at approximately $4,410,000. Dimensional Fund Advisors LP acquired a new position in shares of GCI Liberty, Inc. – Series A GCI Group during the third quarter worth approximately $3,567,000. Finally, Long Focus Capital Management LLC bought a new position in GCI Liberty, Inc. – Series A GCI Group in the 3rd quarter worth approximately $2,817,000.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded GCI Liberty, Inc. – Series A GCI Group to a “hold” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

GCI Liberty, Inc. – Series A GCI Group Company Profile

GCI Liberty, Inc, together with its subsidiaries, provides various communication services in the United States. The company offers data, wireless, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. It also operates a digital invitation platform that provides custom display advertising, native advertising content, custom video, and brand partnership services. The company is based in Englewood, Colorado.