Short Interest in LogProstyle Inc. (NYSEAMERICAN:LGPS) Grows By 1,272.4%

LogProstyle Inc. (NYSEAMERICAN:LGPS) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 818,701 shares, an increase of 1,272.4% from the June 30th total of 59,653 shares. Currently, 3.5% of the shares of the company are short sold. Based on an average daily volume of 12,792,527 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On LogProstyle

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

LogProstyle Price Performance

NYSEAMERICAN:LGPS traded down $0.01 during mid-day trading on Friday, reaching $1.18. The company’s stock had a trading volume of 22,117 shares, compared to its average volume of 7,857,202. The firm’s fifty day moving average price is $0.81 and its two-hundred day moving average price is $0.80. The company has a debt-to-equity ratio of 2.52, a current ratio of 2.40 and a quick ratio of 0.41. LogProstyle has a 12-month low of $0.45 and a 12-month high of $1.50.

LogProstyle (NYSEAMERICAN:LGPS) last announced its quarterly earnings results on Friday, June 5th. The company reported $0.03 EPS for the quarter. The company had revenue of $35.18 million during the quarter.

LogProstyle Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 30th. Stockholders of record on Wednesday, March 31st will be paid a dividend of $0.0115 per share. This represents a $0.05 annualized dividend and a dividend yield of 3.9%. 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.