Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) Short Interest Up ∞ in August

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 50 shares, a growth of ∞ from the August 15th total of 0 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 50 shares, the short-interest ratio is presently 1.0 days.

Liberty Media Corporation – Liberty Formula One Series B Price Performance

Shares of OTCMKTS:FWONB opened at $87.50 on Tuesday. The company has a market capitalization of $21.92 billion, a PE ratio of 128.68 and a beta of 0.35. The business has a fifty day moving average price of $87.61 and a 200-day moving average price of $83.06. Liberty Media Corporation – Liberty Formula One Series B has a 1-year low of $73.00 and a 1-year high of $96.00.

Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter.

Liberty Media Corporation – Liberty Formula One Series B Company Profile

Liberty Media Corporation’s Liberty Formula One Group represents the company’s ownership interest in Formula 1, the global motorsport championship. Through Formula 1, the group manages and commercializes the series’ commercial rights, including race promotion, media and broadcasting rights, sponsorships, licensing, and digital and hospitality activities.

Formula 1 organizes a worldwide racing calendar featuring events across Europe, the Americas, Asia, the Middle East, and Australia. Its business serves international audiences, race promoters, broadcasters, sponsors, teams, and motorsport fans through live events, media programming, branded merchandise, digital content, and related experiences.

Liberty Media acquired control of Formula 1 in 2017 from funds managed by CVC Capital Partners.