Stock Traders Buy High Volume of Put Options on Liberty Global (LBTYK) – Fairfield Current

Liberty Global PLC (NASDAQ:LBTYK) was the recipient of unusually large options trading activity on Thursday. Stock investors acquired 1,022 put options on the company. This represents an increase of 1,263% compared to the average daily volume of 75 put options.

NASDAQ:LBTYK traded up $0.61 during trading hours on Friday, reaching $27.05. 2,177,589 shares of the company’s stock were exchanged, compared to its average volume of 3,128,595. Liberty Global has a 12 month low of $19.24 and a 12 month high of $32.39. The company has a debt-to-equity ratio of 6.31, a quick ratio of 0.40 and a current ratio of 0.40.

A number of large investors have recently modified their holdings of LBTYK. Quantamental Technologies LLC acquired a new position in Liberty Global in the 4th quarter worth approximately $43,000. Atlas Capital Advisors LLC acquired a new position in Liberty Global in the 4th quarter worth approximately $46,000. Massey Quick Simon & CO. LLC boosted its stake in Liberty Global by 29.9% in the 4th quarter. Massey Quick Simon & CO. LLC now owns 2,345 shares of the company’s stock worth $48,000 after purchasing an additional 540 shares during the period. Kinneret Advisory LLC acquired a new position in Liberty Global in the 4th quarter worth approximately $81,000. Finally, Princeton Global Asset Management LLC acquired a new position in Liberty Global in the 4th quarter worth approximately $94,000. Hedge funds and other institutional investors own 60.41% of the company’s stock.

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About Liberty Global

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

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