Short Interest in Logistic Properties of the Americas (NYSEAMERICAN:LPA) Rises By 48.7%

Logistic Properties of the Americas (NYSEAMERICAN:LPA) was the recipient of a significant increase in short interest in 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. Based on an average daily trading volume, of 29,722 shares, the short-interest ratio is currently 3.9 days. Approximately 0.5% of the shares of the stock are short sold. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 29,722 shares, the short-interest ratio is currently 3.9 days.

Institutional Investors Weigh In On Logistic Properties of the Americas

Institutional investors and hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC purchased a new position in Logistic Properties of the Americas during the second quarter worth about $275,000. New York State Common Retirement Fund bought a new stake in shares of Logistic Properties of the Americas during the 2nd quarter valued at about $98,000. Russell Investments Group Ltd. purchased a new position in shares of Logistic Properties of the Americas during the third quarter worth about $57,000. Goldman Sachs Group Inc. increased its position in shares of Logistic Properties of the Americas by 24.3% in the first quarter. Goldman Sachs Group Inc. now owns 23,762 shares of the company’s stock worth $212,000 after purchasing an additional 4,645 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of Logistic Properties of the Americas in the second quarter worth approximately $25,000. Hedge funds and other institutional investors own 42.71% of the company’s stock.

Logistic Properties of the Americas Price Performance

Shares of LPA stock traded down $0.06 during trading hours on Friday, reaching $3.01. The stock had a trading volume of 9,561 shares, compared to its average volume of 23,300. The stock’s fifty day simple moving average is $2.98 and its 200 day simple moving average is $4.68. The firm has a market capitalization of $94.88 million, a PE ratio of 13.09 and a beta of 6.07. Logistic Properties of the Americas has a 12 month low of $2.55 and a 12 month high of $10.72. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.88.

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.