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

LogProstyle Inc. (NYSEAMERICAN:LGPS) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,657 shares, an increase of 99.9% from the February 12th total of 1,329 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 6,434 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 6,434 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On LogProstyle

An institutional investor recently bought a new position in LogProstyle stock. Heron Bay Capital Management acquired a new stake in LogProstyle Inc. (NYSEAMERICAN:LGPS) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 95,789 shares of the company’s stock, valued at approximately $78,000. Heron Bay Capital Management owned approximately 0.41% of LogProstyle as of its most recent SEC filing.

LogProstyle Stock Down 2.1%

LogProstyle stock traded down $0.02 during trading hours on Thursday, hitting $0.82. The company had a trading volume of 8,002 shares, compared to its average volume of 11,270. The company has a debt-to-equity ratio of 2.03, a current ratio of 2.34 and a quick ratio of 0.29. LogProstyle has a 1 year low of $0.67 and a 1 year high of $7.20. The company has a 50-day moving average price of $0.85 and a two-hundred day moving average price of $0.98.

LogProstyle (NYSEAMERICAN:LGPS) last released its quarterly earnings results on Monday, December 22nd. The company reported $0.07 earnings per share for the quarter. The firm had revenue of $34.88 million during the quarter.

LogProstyle Company Profile

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.