Could Liberty Media Corporation – Series C Liberty Formu (NASDAQ:FWONK) Go Down After Its Newest Short Interest Report?

September 16, 2018 - By Vernon Rice

The stock of Liberty Media Corporation – Series C Liberty Formu (NASDAQ:FWONK) registered a decrease of 6.62% in short interest. FWONK’s total short interest was 12.64 million shares in September as published by FINRA. Its down 6.62% from 13.53M shares, reported previously. With 719,700 shares average volume, it will take short sellers 18 days to cover their FWONK’s short positions. The short interest to Liberty Media Corporation – Series C Liberty Formu’s float is 6.51%.

The stock increased 0.39% or $0.14 during the last trading session, reaching $35.91. About 898,892 shares traded. Formula One Group (NASDAQ:FWONK) has declined 9.82% since September 16, 2017 and is downtrending. It has underperformed by 25.44% the S&P500.

Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. The company has market cap of $8.24 billion. Formula One Group was formerly known as The Liberty Media Group. It has a 22.42 P/E ratio. The firm is based in Englewood, Colorado.

Another recent and important Formula One Group (NASDAQ:FWONK) news was published by Seekingalpha.com which published an article titled: “Tracking Ruane, Cunniff & Goldfarb’s Portfolio – Q2 2018 Update” on September 06, 2018.

Formula One Group (NASDAQ:FWONK) Ratings Chart

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