LogProstyle Inc. (NYSEAMERICAN:LGPS) Stock Short Interest Falls 67.9%

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

LogProstyle Stock Performance

Shares of LGPS traded down $0.03 during midday trading on Tuesday, reaching $0.71. 85,545 shares of the stock were exchanged, compared to its average volume of 1,425,159. LogProstyle has a 52 week low of $0.45 and a 52 week high of $1.60. The company has a debt-to-equity ratio of 2.52, a current ratio of 2.40 and a quick ratio of 0.41. The company’s 50 day moving average is $0.94 and its two-hundred day moving average is $0.82.

LogProstyle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 30th. Shareholders of record on Wednesday, March 31st will be issued a dividend of $0.0115 per share. This represents a $0.05 annualized dividend and a yield of 6.4%. The ex-dividend date is Wednesday, March 31st.

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.