Short Interest in Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) Expands By 194.8%

Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 526,404 shares, a growth of 194.8% from the June 15th total of 178,555 shares. Approximately 2.0% of the shares of the company are short sold. Based on an average trading volume of 3,721,526 shares, the days-to-cover ratio is presently 0.1 days.

Leifras Stock Performance

Shares of NASDAQ LFS traded down $0.06 during midday trading on Tuesday, hitting $2.20. The company’s stock had a trading volume of 74,847 shares, compared to its average volume of 1,219,591. The firm has a market capitalization of $57.55 million and a price-to-earnings ratio of 16.92. The company has a current ratio of 1.69, a quick ratio of 1.68 and a debt-to-equity ratio of 0.16. The stock has a fifty day moving average price of $2.29 and a 200 day moving average price of $2.45. Leifras has a one year low of $1.58 and a one year high of $12.49.

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Leifras in a research note on Monday, June 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Leifras Company Profile

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.