Logistic Properties of the Americas (NYSEAMERICAN:LPA) Short Interest Up 33.3% in March

Key Points

• Short interest rose 33.3% in March to 127,556 shares (about 0.6% of shares outstanding), with a days-to-cover ratio of 3.8 based on average daily volume.
• Institutional activity picked up—State Street boosted its stake by 1,037.8% to 202,535 shares and Cerity Partners established a new ~$637,000 position; institutions now own 42.71% of the stock.
• Stock and financial snapshot: shares at $3.72 with a market cap of ~$117.7M, P/E of 11.28 and beta 5.89; the company reported $0.24 EPS for the quarter and a net margin of 20.98%.

Logistic Properties of the Americas (NYSEAMERICAN:LPA - Get Free Report) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 127,556 shares, an increase of 33.3% from the March 15th total of 95,697 shares. Based on an average daily trading volume, of 33,793 shares, the days-to-cover ratio is currently 3.8 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Trading of Logistic Properties of the Americas

Several hedge funds have recently bought and sold shares of the company. Cerity Partners LLC bought a new stake in Logistic Properties of the Americas in the 4th quarter valued at about $637,000. State Street Corp lifted its position in Logistic Properties of the Americas by 1,037.8% in the 4th quarter. State Street Corp now owns 202,535 shares of the company's stock valued at $553,000 after purchasing an additional 184,735 shares during the last quarter. Geode Capital Management LLC bought a new stake in Logistic Properties of the Americas in the 2nd quarter valued at about $275,000. Goldman Sachs Group Inc. lifted its position in Logistic Properties of the Americas by 24.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 23,762 shares of the company's stock valued at $212,000 after purchasing an additional 4,645 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in Logistic Properties of the Americas by 61.0% in the 4th quarter. Russell Investments Group Ltd. now owns 19,640 shares of the company's stock valued at $54,000 after purchasing an additional 7,438 shares during the last quarter. 42.71% of the stock is currently owned by institutional investors.

Logistic Properties of the Americas Stock Performance

Shares of Logistic Properties of the Americas stock traded up $0.00 during trading hours on Friday, reaching $3.72. The company's stock had a trading volume of 14,355 shares, compared to its average volume of 21,195. The company's 50 day simple moving average is $2.84 and its 200 day simple moving average is $3.11. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.24 and a current ratio of 1.24. Logistic Properties of the Americas has a one year low of $2.04 and a one year high of $9.41. The stock has a market cap of $117.66 million, a P/E ratio of 11.28 and a beta of 5.89.

Logistic Properties of the Americas (NYSEAMERICAN:LPA - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The company reported $0.24 earnings per share (EPS) for the quarter. Logistic Properties of the Americas had a net margin of 20.98% and a return on equity of 3.53%. The company had revenue of $13.71 million for the quarter.

Logistic Properties of the Americas Company Profile

Logistic Properties of the Americas (NYSE American: LPA) is a publicly traded real estate investment trust focused on the acquisition, development, and management of Class A industrial properties across the Americas. The company's portfolio comprises modern logistics and distribution facilities strategically located in key markets throughout the United States, Mexico, and Latin America. By targeting high-barrier-to-entry locations, Logistic Properties of the Americas aims to support growing demand from e-commerce, retail, manufacturing, and third-party logistics providers.

Founded in 2020, the company launched its initial public offering in late 2020 and is overseen by a management team with deep experience in industrial real estate and supply chain operations.

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