LogProstyle Inc. (NYSEAMERICAN:LGPS) Sees Large Increase in Short Interest

LogProstyle Inc. (NYSEAMERICAN:LGPS) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 818,701 shares, an increase of 1,272.4% from the June 30th total of 59,653 shares. Based on an average daily volume of 12,792,527 shares, the short-interest ratio is currently 0.1 days. Approximately 3.5% of the company’s stock are sold short.

Institutional Investors Weigh In On LogProstyle

A hedge fund recently bought a new position in LogProstyle stock. Citadel Advisors LLC purchased a new stake in LogProstyle Inc. (NYSEAMERICAN:LGPS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 44,684 shares of the company’s stock, valued at approximately $49,000. Citadel Advisors LLC owned approximately 0.19% of LogProstyle at the end of the most recent reporting period.

LogProstyle Trading Down 1.3%

Shares of NYSEAMERICAN:LGPS traded down $0.01 during trading on Friday, reaching $1.18. The stock had a trading volume of 22,117 shares, compared to its average volume of 7,857,202. LogProstyle has a 52 week low of $0.45 and a 52 week high of $1.50. The company has a current ratio of 2.40, a quick ratio of 0.41 and a debt-to-equity ratio of 2.52. The stock has a fifty day simple moving average of $0.81 and a two-hundred day simple moving average of $0.80.

LogProstyle (NYSEAMERICAN:LGPS) last posted its quarterly earnings data on Friday, June 5th. The company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $35.18 million for the quarter.

LogProstyle Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 30th. Shareholders of record on Wednesday, March 31st will be given a $0.0115 dividend. This represents a $0.05 annualized dividend and a yield of 3.9%. The ex-dividend date is Wednesday, March 31st.

About LogProstyle

LogProstyle, Inc is a holding company, which owns and operates a real estate renovation and resale business through its subsidiaries. It operates through the following segments: Real Estate, Hotel, and Others. The Real estate segment provides real estate-related services, such as design and renovation, and real estate development. The Hotel segment covers hotel management and accommodation in Japan and Vietnam. The Others segment includes additional services such as the sale of housing equipment and materials, restaurant operation, and information technology consulting.