LogProstyle Inc. (NYSEAMERICAN:LGPS) Sees Large Drop in Short Interest

LogProstyle Inc. (NYSEAMERICAN:LGPS) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 2,103 shares, a drop of 48.2% from the January 15th total of 4,056 shares. Based on an average daily volume of 21,986 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 21,986 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On LogProstyle

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

LogProstyle Stock Performance

LGPS stock traded down $0.03 during midday trading on Thursday, reaching $0.75. 6,382 shares of the company’s stock traded hands, compared to its average volume of 28,726. LogProstyle has a 52 week low of $0.74 and a 52 week high of $7.20. The firm’s fifty day moving average price is $0.95 and its 200-day moving average price is $1.01.

LogProstyle (NYSEAMERICAN:LGPS) last posted its earnings results on Monday, December 22nd. The company reported $0.07 EPS for the quarter. The business had revenue of $34.88 million for the quarter.

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.