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

LogProstyle Inc. (NYSEAMERICAN:LGPS) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 96,522 shares, an increase of 1,197.2% from the May 14th total of 7,441 shares. Based on an average daily volume of 162,350 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the company’s shares are sold short.

LogProstyle Price Performance

NYSEAMERICAN:LGPS traded up $0.02 during trading hours on Wednesday, reaching $0.78. 418,269 shares of the company were exchanged, compared to its average volume of 144,629. The stock has a 50 day simple moving average of $0.71 and a 200 day simple moving average of $0.83. LogProstyle has a 52-week low of $0.45 and a 52-week high of $2.17. The company has a debt-to-equity ratio of 2.03, a quick ratio of 0.29 and a current ratio of 2.34.

LogProstyle (NYSEAMERICAN:LGPS) last released its quarterly earnings data on Friday, June 5th. The company reported ($0.07) EPS for the quarter. The firm had revenue of ($30.06) million during the quarter.

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 $0.022 dividend. The ex-dividend date is Monday, June 1st.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in LogProstyle stock. Citadel Advisors LLC bought a new stake in LogProstyle Inc. (NYSEAMERICAN:LGPS) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 44,684 shares of the company’s stock, valued at approximately $49,000. Citadel Advisors LLC owned approximately 0.19% of LogProstyle as of its most recent filing with the Securities & Exchange Commission.

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.