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

LogProstyle Inc. (NYSEAMERICAN:LGPS) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 76,690 shares, a decrease of 67.9% from the August 31st total of 239,082 shares. Based on an average daily volume of 214,238 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are short sold.

LogProstyle Stock Down 1.9%

NYSEAMERICAN LGPS traded down $0.02 during trading hours on Friday, hitting $0.79. The company had a trading volume of 26,542 shares, compared to its average volume of 1,893,739. The firm’s 50 day moving average is $0.95 and its 200 day moving average is $0.82. The company has a quick ratio of 0.41, a current ratio of 2.40 and a debt-to-equity ratio of 2.52. LogProstyle has a fifty-two week low of $0.45 and a fifty-two week high of $1.60.

LogProstyle Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 30th. Stockholders of record on Wednesday, March 31st will be given a $0.0115 dividend. The ex-dividend date of this dividend is Wednesday, March 31st. This represents a $0.05 annualized dividend and a dividend yield of 5.8%.

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.