Short Interest in Lazydays Holdings Inc (NASDAQ:LAZY) Grows By 60.3%

Share on StockTwits

Lazydays Holdings Inc (NASDAQ:LAZY) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 106,900 shares, a growth of 60.3% from the June 30th total of 66,700 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 95,200 shares, the short-interest ratio is currently 1.1 days.

In other Lazydays news, Director Coliseum Capital Management, L acquired 150,000 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was bought at an average price of $5.09 per share, with a total value of $763,500.00. Insiders have purchased 153,500 shares of company stock valued at $777,875 in the last three months. 16.20% of the stock is owned by corporate insiders.

A hedge fund recently raised its stake in Lazydays stock. Capital Asset Advisory Services LLC lifted its stake in Lazydays Holdings Inc (NASDAQ:LAZY) by 60.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,999 shares of the company’s stock after buying an additional 26,442 shares during the period. Capital Asset Advisory Services LLC owned approximately 0.82% of Lazydays worth $257,000 as of its most recent SEC filing. Institutional investors and hedge funds own 36.31% of the company’s stock.

LAZY opened at $12.80 on Friday. The company has a market cap of $108.93 million, a P/E ratio of -80.00 and a beta of 1.86. The business’s 50-day moving average price is $9.33 and its 200-day moving average price is $5.19. The company has a current ratio of 1.19, a quick ratio of 0.35 and a debt-to-equity ratio of 0.10. Lazydays has a 12 month low of $1.55 and a 12 month high of $13.90.

Lazydays (NASDAQ:LAZY) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.39 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.21). The company had revenue of $213.96 million during the quarter. Lazydays had a return on equity of 10.54% and a net margin of 1.14%.

Several equities research analysts have issued reports on the company. Craig Hallum lifted their price target on Lazydays from $12.00 to $15.00 in a research note on Tuesday, July 14th. ValuEngine lowered Lazydays from a “buy” rating to a “hold” rating in a research note on Thursday, July 2nd.

About Lazydays

Lazydays Holdings, Inc, through its subsidiaries, operates recreation vehicle (RV) dealerships in the United States. It provides various products, including RV sales, RV services, financing and insurance products, RV parts and accessories, RV rentals, third-party protection plans, after-market parts and accessories, and RV camping for RV owners.

Featured Article: Why is momentum important to successful trading?

Receive News & Ratings for Lazydays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lazydays and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Assenagon Asset Management S.A. Buys New Shares in Legg Mason Inc
Assenagon Asset Management S.A. Buys New Shares in Legg Mason Inc
10,391 Shares in Territorial Bancorp Inc  Acquired by Assenagon Asset Management S.A.
10,391 Shares in Territorial Bancorp Inc Acquired by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. Acquires Shares of 79,479 RTI Surgical Holdings Inc
Assenagon Asset Management S.A. Acquires Shares of 79,479 RTI Surgical Holdings Inc
Assenagon Asset Management S.A. Takes $256,000 Position in Bel Fuse, Inc.
Assenagon Asset Management S.A. Takes $256,000 Position in Bel Fuse, Inc.
Assenagon Asset Management S.A. Has $261,000 Position in Resolute Forest Products
Assenagon Asset Management S.A. Has $261,000 Position in Resolute Forest Products
Assenagon Asset Management S.A. Takes $270,000 Position in World Fuel Services Corp
Assenagon Asset Management S.A. Takes $270,000 Position in World Fuel Services Corp


© 2006-2020 Ticker Report