Luby’s, Inc. (NYSE:LUB) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 53,400 shares, a decline of 42.7% from the May 30th total of 93,200 shares. Based on an average daily volume of 16,400 shares, the short-interest ratio is presently 3.3 days. Approximately 0.3% of the shares of the stock are short sold.

LUB stock traded down $0.02 during mid-day trading on Thursday, hitting $1.13. 13,300 shares of the stock were exchanged, compared to its average volume of 38,797. The firm’s fifty day simple moving average is $1.23. The company has a quick ratio of 0.78, a current ratio of 0.90 and a debt-to-equity ratio of 0.35. Luby’s has a 12 month low of $0.99 and a 12 month high of $2.66.

Luby’s (NYSE:LUB) last posted its quarterly earnings data on Monday, April 22nd. The restaurant operator reported ($0.12) earnings per share for the quarter. The firm had revenue of $74.42 million for the quarter. Luby’s had a negative net margin of 4.99% and a negative return on equity of 16.18%.

An institutional investor recently bought a new position in Luby’s stock. Two Sigma Securities LLC purchased a new position in Luby’s, Inc. (NYSE:LUB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 21,259 shares of the restaurant operator’s stock, valued at approximately $26,000. Two Sigma Securities LLC owned approximately 0.07% of Luby’s as of its most recent filing with the Securities and Exchange Commission. 33.24% of the stock is currently owned by institutional investors.

About Luby’s

Luby's, Inc provides restaurant services in the United States. It operates through three segments: Company-owned Restaurants, Franchise Operations, and Culinary Contract Services. The company operates casual dining restaurants; and offers culinary contract services, including contract arrangements to manage food services for healthcare clients, corporate dining clients, government buildings, and sports stadiums, as well as through retail grocery stores.

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