LogProstyle Inc. (NYSEAMERICAN:LGPS) Short Interest Down 79.8% in July

LogProstyle Inc. (NYSEAMERICAN:LGPS) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 165,546 shares, a decline of 79.8% from the July 15th total of 818,701 shares. Based on an average daily volume of 156,810 shares, the short-interest ratio is currently 1.1 days. Currently, 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On LogProstyle

An institutional investor recently bought a new stake in LogProstyle stock. Citadel Advisors LLC bought a new stake in shares of LogProstyle Inc. (NYSEAMERICAN:LGPS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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 at the end of the most recent quarter.

LogProstyle Trading Down 2.9%

LGPS traded down $0.03 during mid-day trading on Thursday, reaching $0.83. 67,926 shares of the company traded hands, compared to its average volume of 114,065. The company’s fifty day moving average price is $0.90 and its 200-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 52-week low of $0.45 and a 52-week high of $1.50.

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

LogProstyle Dividend Announcement

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 given a dividend of $0.0115 per share. The ex-dividend date of this dividend is Wednesday, March 31st. This represents a $0.05 annualized dividend and a dividend yield of 5.5%.

LogProstyle Company Profile

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.