Logistic Properties of the Americas (NYSEAMERICAN:LPA) Short Interest Update

Logistic Properties of the Americas (NYSEAMERICAN:LPA) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 116,942 shares, an increase of 48.7% from the December 15th total of 78,619 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 29,722 shares, the days-to-cover ratio is currently 3.9 days. Based on an average daily trading volume, of 29,722 shares, the days-to-cover ratio is currently 3.9 days. Currently, 0.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of LPA. Goldman Sachs Group Inc. raised its holdings in shares of Logistic Properties of the Americas by 24.3% during the first quarter. Goldman Sachs Group Inc. now owns 23,762 shares of the company’s stock valued at $212,000 after buying an additional 4,645 shares during the last quarter. Geode Capital Management LLC acquired a new stake in Logistic Properties of the Americas in the 2nd quarter valued at approximately $275,000. JPMorgan Chase & Co. bought a new stake in Logistic Properties of the Americas during the 2nd quarter valued at $25,000. New York State Common Retirement Fund acquired a new position in Logistic Properties of the Americas during the 2nd quarter worth $98,000. Finally, Russell Investments Group Ltd. acquired a new position in Logistic Properties of the Americas during the 3rd quarter worth $57,000. Institutional investors own 42.71% of the company’s stock.

Logistic Properties of the Americas Stock Performance

LPA stock traded down $0.06 during mid-day trading on Friday, reaching $3.01. The company had a trading volume of 9,561 shares, compared to its average volume of 23,300. Logistic Properties of the Americas has a one year low of $2.55 and a one year high of $10.72. The stock has a market capitalization of $94.88 million, a P/E ratio of 13.09 and a beta of 6.07. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.88. The stock’s 50-day simple moving average is $2.98 and its two-hundred day simple moving average is $4.68.

About Logistic Properties of the Americas

Logistic Properties of the Americas (NYSE American: LPA) is a publicly traded real estate investment trust focused on the acquisition, development, and management of Class A industrial properties across the Americas. The company’s portfolio comprises modern logistics and distribution facilities strategically located in key markets throughout the United States, Mexico, and Latin America. By targeting high-barrier-to-entry locations, Logistic Properties of the Americas aims to support growing demand from e-commerce, retail, manufacturing, and third-party logistics providers.

Founded in 2020, the company launched its initial public offering in late 2020 and is overseen by a management team with deep experience in industrial real estate and supply chain operations.