Leju Holdings Ltd (NYSE:LEJU) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 21,600 shares, a decline of 47.3% from the July 31st total of 41,000 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 39,400 shares, the short-interest ratio is presently 0.5 days.
Leju stock traded up $0.05 during trading hours on Friday, hitting $1.75. The stock had a trading volume of 173,100 shares, compared to its average volume of 43,424. The stock has a market capitalization of $240.30 million, a P/E ratio of 59.00 and a beta of 2.54. Leju has a 12-month low of $1.05 and a 12-month high of $2.31. The stock’s 50-day moving average price is $1.43 and its 200-day moving average price is $1.51.
Leju (NYSE:LEJU) last issued its earnings results on Monday, August 19th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $169.97 million during the quarter. Leju had a net margin of 0.77% and a return on equity of 1.73%.
A hedge fund recently raised its stake in Leju stock. Renaissance Technologies LLC increased its stake in shares of Leju Holdings Ltd (NYSE:LEJU) by 2.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,211,931 shares of the financial services provider’s stock after purchasing an additional 27,837 shares during the period. Renaissance Technologies LLC owned approximately 0.89% of Leju worth $1,672,000 as of its most recent filing with the Securities & Exchange Commission. 1.10% of the stock is currently owned by institutional investors.
Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. The company offers real estate e-commerce, online advertising, and online listing services through its online platform, which comprises Websites covering 377 cities and various mobile applications for the real estate and home furnishing industries.
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