Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) Sees Large Drop in Short Interest

Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 216,050 shares, a drop of 80.9% from the July 30th total of 1,132,166 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 3,280,787 shares, the short-interest ratio is currently 0.1 days.

Leifras Stock Down 1.3%

Shares of NASDAQ:LFS traded down $0.03 during midday trading on Wednesday, reaching $2.28. The company had a trading volume of 71,334 shares, compared to its average volume of 1,289,857. The stock has a market capitalization of $59.64 million and a P/E ratio of 17.54. The stock’s fifty day moving average price is $2.27 and its 200-day moving average price is $2.31. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.69 and a quick ratio of 1.68. Leifras has a one year low of $1.58 and a one year high of $12.49.

Leifras (NASDAQ:LFS) last announced its quarterly earnings data on Thursday, June 18th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $18.57 million for the quarter.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Leifras to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings upgraded shares of Leifras from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

About Leifras

Headquartered in Shibuya-ku, Tokyo, we are a sports and social business company dedicated to youth sports and community engagement. We primarily provide services related to the organization and operations of sports schools and sports events for children. Building upon our experience and know-how in sports education, we also operate a robust social business sector, dispatching sports coaches to meet various community needs. At the core of our operations is the children’s sports school business. When we refer to a sports school, it refers to a series of courses and programs that we offer to teach a sport, instead of a physical location.