LogProstyle Inc. (NYSEAMERICAN:LGPS) Short Interest Up 2,088.5% in May

LogProstyle Inc. (NYSEAMERICAN:LGPS) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 7,441 shares, a growth of 2,088.5% from the April 30th total of 340 shares. Based on an average daily volume of 27,629 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

LogProstyle Trading Up 4.9%

NYSEAMERICAN LGPS opened at $0.70 on Thursday. 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 52-week low of $0.45 and a 52-week high of $2.17. The business’s 50-day moving average price is $0.72 and its 200 day moving average price is $0.86.

LogProstyle Announces Dividend

The business also recently declared a special dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 1st will be issued a dividend of $0.022 per share. The ex-dividend date of this dividend is Monday, June 1st.

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 shares of LogProstyle Inc. (NYSEAMERICAN:LGPS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 SEC filing.

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.