Short Interest in LogProstyle Inc. (NYSEAMERICAN:LGPS) Drops By 79.8%

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

LogProstyle Stock Up 4.5%

LGPS traded up $0.04 during trading on Friday, hitting $0.87. The stock had a trading volume of 10,445 shares, compared to its average volume of 1,131,041. LogProstyle has a one year low of $0.45 and a one year high of $1.50. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.41 and a current ratio of 2.40. The company has a 50 day moving average price of $0.90 and a 200-day moving average price of $0.80.

LogProstyle (NYSEAMERICAN:LGPS) last announced its earnings results on Friday, June 5th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $35.18 million during the quarter.

LogProstyle Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 30th. Shareholders of record on Wednesday, March 31st will be issued a $0.0115 dividend. The ex-dividend date of this dividend is Wednesday, March 31st. This represents a $0.05 annualized dividend and a yield of 5.3%.

Institutional Investors Weigh In On LogProstyle

A hedge fund recently bought a new position in LogProstyle stock. Citadel Advisors LLC purchased a new stake in shares of LogProstyle Inc. (NYSEAMERICAN:LGPS) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 44,684 shares of the company’s stock, valued at approximately $49,000. Citadel Advisors LLC owned about 0.19% of LogProstyle at the end of the most recent quarter.

About LogProstyle

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.