Lazydays Holdings, Inc. (NASDAQ:GORV) Short Interest Update

Lazydays Holdings, Inc. (NASDAQ:GORV) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 716,700 shares, a growth of 714.4% from the March 15th total of 88,000 shares. Based on an average trading volume of 176,500 shares, the short-interest ratio is presently 4.1 days. Currently, 0.7% of the company’s stock are sold short.

Lazydays Stock Up 4.4 %

Shares of NASDAQ:GORV traded up $0.01 during midday trading on Monday, reaching $0.26. The company had a trading volume of 35,402 shares, compared to its average volume of 153,460. The business’s 50 day moving average price is $0.57 and its 200 day moving average price is $0.86. Lazydays has a 1-year low of $0.23 and a 1-year high of $4.00. The company has a quick ratio of 0.12, a current ratio of 0.91 and a debt-to-equity ratio of 2.35. The stock has a market cap of $28.14 million, a PE ratio of -0.02 and a beta of 2.05.

Lazydays (NASDAQ:GORV) last released its quarterly earnings data on Monday, March 31st. The company reported ($1.28) EPS for the quarter, missing the consensus estimate of ($1.20) by ($0.08). Lazydays had a negative net margin of 20.83% and a negative return on equity of 62.37%. The company had revenue of $159.88 million during the quarter, compared to analyst estimates of $172.50 million.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GORV. Choreo LLC bought a new position in shares of Lazydays during the 4th quarter worth approximately $26,000. Cannell Capital LLC boosted its position in Lazydays by 17.5% during the fourth quarter. Cannell Capital LLC now owns 1,219,062 shares of the company’s stock worth $1,164,000 after purchasing an additional 181,280 shares during the period. Squarepoint Ops LLC acquired a new position in shares of Lazydays in the fourth quarter valued at $31,000. Coliseum Capital Management LLC raised its position in shares of Lazydays by 1,072.8% in the fourth quarter. Coliseum Capital Management LLC now owns 76,492,984 shares of the company’s stock valued at $73,051,000 after purchasing an additional 69,970,561 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Lazydays by 18.3% during the 4th quarter. Geode Capital Management LLC now owns 159,901 shares of the company’s stock worth $153,000 after buying an additional 24,785 shares during the last quarter. 89.67% of the stock is currently owned by institutional investors and hedge funds.

About Lazydays

Lazydays Holdings, Inc operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida.