Liberty Braves Group Series C (NASDAQ:BATRK) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 139,900 shares, a drop of 22.0% from the January 15th total of 179,400 shares. Based on an average daily volume of 73,000 shares, the short-interest ratio is presently 1.9 days. Approximately 0.4% of the shares of the stock are short sold.

Several institutional investors have recently modified their holdings of the company. Tower Research Capital LLC TRC purchased a new position in Liberty Braves Group Series C in the third quarter worth about $26,000. Citizens Financial Group Inc RI purchased a new position in Liberty Braves Group Series C in the third quarter worth about $28,000. Massey Quick Simon & CO. LLC purchased a new position in Liberty Braves Group Series C in the third quarter worth about $63,000. Great West Life Assurance Co. Can purchased a new position in Liberty Braves Group Series C in the fourth quarter worth about $63,000. Finally, Bank of Montreal Can grew its position in Liberty Braves Group Series C by 41.2% in the fourth quarter. Bank of Montreal Can now owns 4,938 shares of the financial services provider’s stock worth $146,000 after acquiring an additional 1,441 shares in the last quarter. Hedge funds and other institutional investors own 74.36% of the company’s stock.

Separately, Zacks Investment Research upgraded Liberty Braves Group Series C from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 7th.

Shares of Liberty Braves Group Series C stock traded up $0.21 during trading on Friday, reaching $28.81. 80,300 shares of the stock traded hands, compared to its average volume of 72,203. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of -34.30 and a beta of 0.76. The business has a fifty day simple moving average of $29.31 and a two-hundred day simple moving average of $28.57. Liberty Braves Group Series C has a 52-week low of $26.11 and a 52-week high of $30.03.

Liberty Braves Group Series C (NASDAQ:BATRK) last issued its quarterly earnings data on Tuesday, November 12th. The financial services provider reported $0.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.80) by $0.96. The firm had revenue of $212.00 million for the quarter. On average, sell-side analysts predict that Liberty Braves Group Series C will post -0.76 EPS for the current year.

Liberty Braves Group Series C Company Profile

The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, stadium, and mixed use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.

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