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Latam Logistic Properties, S.A. (NYSEAMERICAN:LPA) Short Interest Up 44.5% in May

Latam Logistic Properties logo with Finance background

Latam Logistic Properties, S.A. (NYSEAMERICAN:LPA - Get Free Report) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 49,000 shares, an increase of 44.5% from the May 15th total of 33,900 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 25,700 shares, the short-interest ratio is currently 1.9 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Latam Logistic Properties stock. Goldman Sachs Group Inc. raised its holdings in shares of Latam Logistic Properties, S.A. (NYSEAMERICAN:LPA - Free Report) by 24.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,762 shares of the company's stock after purchasing an additional 4,645 shares during the period. Goldman Sachs Group Inc. owned 0.07% of Latam Logistic Properties worth $212,000 at the end of the most recent quarter. Institutional investors own 42.71% of the company's stock.

Latam Logistic Properties Stock Down 1.8%

Latam Logistic Properties stock traded down $0.13 during midday trading on Monday, reaching $7.05. The stock had a trading volume of 8,510 shares, compared to its average volume of 129,994. The company has a fifty day moving average of $7.06 and a 200 day moving average of $8.46. Latam Logistic Properties has a 52-week low of $5.90 and a 52-week high of $32.00. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.76 and a current ratio of 1.76.

Latam Logistic Properties Company Profile

(Get Free Report)

Logistic Properties of the Americas develops, builds and operates logistic real estate properties. It operates through the following geographical segments: Colombia, Peru, and Costa Rica. The company is headquartered in Miami, FL.

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