ProPhase Labs Inc (NASDAQ:PRPH) Short Interest Down 75.8% in June
ProPhase Labs Inc (NASDAQ:PRPH) saw a significant drop in short interest in June. As of June 30th, there was short interest totalling 800 shares, a drop of 75.8% from the May 30th total of 3,300 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 10,300 shares, the short-interest ratio is presently 0.1 days.
A hedge fund recently bought a new stake in ProPhase Labs stock. Dimensional Fund Advisors LP bought a new stake in ProPhase Labs Inc (NASDAQ:PRPH) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,817 shares of the company’s stock, valued at approximately $34,000. Dimensional Fund Advisors LP owned approximately 0.09% of ProPhase Labs as of its most recent SEC filing. 4.31% of the stock is currently owned by institutional investors.
Separately, TheStreet upgraded shares of South Jersey Industries from a “c+” rating to a “b-” rating in a research note on Tuesday.
ProPhase Labs (NASDAQ:PRPH) last announced its earnings results on Tuesday, May 14th. The company reported ($0.09) earnings per share for the quarter. The firm had revenue of $2.32 million during the quarter. ProPhase Labs had a negative net margin of 23.26% and a negative return on equity of 14.54%.
About ProPhase Labs
ProPhase Labs, Inc engages in the research, development, manufacture, distribution, marketing, and sale of over-the-counter(OTC) consumer healthcare products, dietary supplements, and other remedies in the United States. The company offers TK Supplements product line include Legendz XL for sexual health; Triple Edge XL, an energy booster and testosterone support; and Super ProstaFlow+ for prostate and urinary health.
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