Liberty Interactive Corporation (NASDAQ:LVNTA) stated gains of 312,274 shares or 10.1% in the short interest. The short interest registered from 3,096,035 on May 31,2016 to 3,408,309 on June 15,2016. In terms of floated shares, the shorted positions stood at 2.6%. The stock has been averaging 942,991 shares daily in trading and would need 4 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Liberty Interactive Corporation (NASDAQ:LVNTA): The stock opened at $36.53 on Friday but the bulls could not build on the opening and the stock topped out at $37.03 for the day. The stock traded down to $36.09 during the day, due to lack of any buying support eventually closed down at $36.25 with a loss of -5.20% for the day. The stock had closed at $38.24 on the previous day. The total traded volume was 3,625,119 shares.
The company shares have dropped -7.43% from its 1 Year high price. On Dec 30, 2015, the shares registered one year high at $45.39 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $37.71 and the 200 Day Moving Average price is recorded at $38.75.
Liberty Interactive Corporation (NASDAQ:LVNTA) has tumbled 2.08% during the past week and has dropped 3.05% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.46%. Liberty Interactive Corporation (NASDAQ:LVNTA) has underperformed the index by 0.12% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Liberty Interactive Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the video and on-line 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). QVC markets and sells a variety of consumer products through live televised shopping and via its Websites and other media, including QVC.com. Backcountry is an e-retailer for outdoor adventure, cycling, action sports and motorcycle gear and clothing. Bodybuilding is an Internet retailer of sports, fitness, and nutritional supplements.