Liberty Interactive (Interactive group) Short Interest Up 49.1% in June (LINTA)
Shares of Liberty Interactive (Interactive group) (NASDAQ:LINTA) were the target of a significant increase in short interest in June. As of June 30th, there was short interest totalling 4,596,459 shares, an increase of 49.1% from the June 13th total of 3,081,830 shares, AnalystRatings.Net reports. Currently, 1.0% of the company’s shares are short sold. Based on an average daily trading volume, of 3,157,011 shares, the days-to-cover ratio is presently 1.5 days.
A number of research firms have recently commented on LINTA. Analysts at Zacks reiterated a “neutral” rating on shares of Liberty Interactive (Interactive group) in a research note on Friday, June 20th. They now have a $31.00 price target on the stock. Analysts at Wunderlich raised their price target on shares of Liberty Interactive (Interactive group) from $36.00 to $40.00 in a research note on Thursday, June 12th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. Liberty Interactive (Interactive group) presently has an average rating of “Buy” and a consensus price target of $33.83.
Shares of Liberty Interactive (NASDAQ:LINTA) opened at 28.62 on Wednesday. Liberty Interactive has a 52-week low of $21.95 and a 52-week high of $30.68. The stock has a 50-day moving average of $29.13 and a 200-day moving average of $28.78. The company has a market cap of $14.047 billion and a P/E ratio of 28.79.
Liberty Interactive (Interactive group) (NASDAQ:LINTA) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.22 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.24 by $0.02. The company had revenue of $2.45 billion for the quarter, compared to the consensus estimate of $2.52 billion. Analysts expect that Liberty Interactive will post $1.23 EPS for the current fiscal year.
Liberty Interactive Corporation owns interests in subsidiaries and other companies which are primarily engaged in the video and on-line commerce industries.