Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) Short Interest Update

Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 216,050 shares, a decline of 80.9% from the July 30th total of 1,132,166 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,280,787 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Wall Street Zen raised shares of Leifras to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings raised shares of Leifras from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Leifras has a consensus rating of “Sell”.

Leifras Price Performance

LFS stock traded down $0.01 during midday trading on Friday, hitting $2.27. The stock had a trading volume of 53,828 shares, compared to its average volume of 2,446,063. The company’s 50-day moving average price is $2.27 and its 200 day moving average price is $2.31. Leifras has a 12-month low of $1.58 and a 12-month high of $12.49. The company has a quick ratio of 1.68, a current ratio of 1.69 and a debt-to-equity ratio of 0.16.

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

About Leifras

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.