Short Interest in Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) Drops By 80.9%

Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 216,050 shares, a decline of 80.9% from the July 30th total of 1,132,166 shares. Based on an average trading volume of 3,280,787 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.8% of the company’s shares are sold short.

Leifras Trading Up 0.4%

Shares of Leifras stock traded up $0.01 on Thursday, hitting $2.28. 145,297 shares of the company traded hands, compared to its average volume of 2,440,186. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.68 and a current ratio of 1.69. The stock’s 50 day moving average price is $2.27 and its 200-day moving average price is $2.31. Leifras has a 52 week low of $1.58 and a 52 week high of $12.49.

Leifras (NASDAQ:LFS) last announced its quarterly earnings data on Thursday, June 18th. The company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $18.57 million during the quarter.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on LFS. Wall Street Zen upgraded Leifras to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings raised shares of Leifras from a “sell (e)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Leifras presently has an average rating of “Sell”.

Leifras Company Profile

Headquartered in Shibuya-ku, Tokyo, we are a sports and social business company dedicated to youth sports and community engagement. We primarily provide services related to the organization and operations of sports schools and sports events for children. Building upon our experience and know-how in sports education, we also operate a robust social business sector, dispatching sports coaches to meet various community needs. At the core of our operations is the children’s sports school business. When we refer to a sports school, it refers to a series of courses and programs that we offer to teach a sport, instead of a physical location.