LogProstyle Inc. (NYSEAMERICAN:LGPS) Short Interest Update

LogProstyle Inc. (NYSEAMERICAN:LGPS) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 96,522 shares, a growth of 1,197.2% from the May 14th total of 7,441 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 162,350 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On LogProstyle

A hedge fund recently bought a new stake in LogProstyle stock. Citadel Advisors LLC bought a new stake in shares of LogProstyle Inc. (NYSEAMERICAN:LGPS) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 44,684 shares of the company’s stock, valued at approximately $49,000. Citadel Advisors LLC owned about 0.19% of LogProstyle at the end of the most recent reporting period.

LogProstyle Price Performance

LGPS stock traded down $0.03 during mid-day trading on Tuesday, reaching $0.76. 101,465 shares of the company’s stock were exchanged, compared to its average volume of 638,623. The stock’s 50 day moving average is $0.71 and its 200 day moving average is $0.83. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.29 and a current ratio of 2.34. LogProstyle has a 12-month low of $0.45 and a 12-month high of $2.17.

LogProstyle (NYSEAMERICAN:LGPS) last issued its quarterly earnings results on Friday, June 5th. The company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of ($30.06) million during the quarter.

LogProstyle Dividend Announcement

The company also recently announced a special dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.022 per share. The ex-dividend date of this dividend is Monday, June 1st.

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.