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

LogProstyle Inc. (NYSEAMERICAN:LGPS) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 76,690 shares, a decrease of 67.9% from the August 31st total of 239,082 shares. Based on an average daily volume of 214,238 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

LogProstyle Stock Performance

Shares of LGPS stock traded down $0.05 during mid-day trading on Monday, reaching $0.74. 5,050,708 shares of the stock traded hands, compared to its average volume of 1,432,227. The stock’s fifty day simple moving average is $0.94 and its two-hundred day simple moving average is $0.82. LogProstyle has a 1-year low of $0.45 and a 1-year high of $1.60. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.41 and a current ratio of 2.40.

LogProstyle Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 30th. Investors of record on Wednesday, March 31st will be given a dividend of $0.0115 per share. The ex-dividend date is Wednesday, March 31st. This represents a $0.05 annualized dividend and a yield of 6.2%.

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.