Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB – Get Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 1 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average trading volume of 6 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.
Liberty Media Corporation – Liberty Formula One Series B Price Performance
FWONB remained flat at $90.00 on Wednesday. The stock has a market capitalization of $22.54 billion, a PE ratio of 41.28 and a beta of 0.34. Liberty Media Corporation – Liberty Formula One Series B has a 1 year low of $73.00 and a 1 year high of $96.00. The business has a fifty day simple moving average of $82.32 and a 200-day simple moving average of $80.76.
Liberty Media Corporation – Liberty Formula One Series B (OTCMKTS:FWONB – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.03 earnings per share for the quarter.
About Liberty Media Corporation – Liberty Formula One Series B
Liberty Media Corporation’s Liberty Formula One Series B (OTCMKTS: FWONB) is a tracking stock that represents Liberty Media’s economic interest in its Formula One business. The Formula One Group controls the commercial rights to the FIA Formula One World Championship, packaging and selling global media rights, sponsorships, event-hosting agreements, licensing and hospitality to maximize revenue from the sport. The tracking stock structure allows investors to gain exposure specifically to Liberty’s Formula 1 assets and cash flows while remaining part of the broader Liberty Media corporate structure.
Formula 1 is a global motorsport and entertainment property that stages a world championship calendar of races across Europe, the Americas, Asia and the Middle East.
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