Short Interest in Logistic Properties of the Americas (NYSEAMERICAN:LPA) Decreases By 39.3%

Key Points

• Short interest fell 39.3% to 72,864 shares as of August 31, representing 0.3% of outstanding shares and 3.8 days to cover.
• Logistic Properties of the Americas shares rose 1.9% to $3.16, while the company reported quarterly EPS of $0.40 on $14.74 million in revenue.
• Analyst sentiment remains “Hold,” with one analyst assigning a $7.50 price target—well above the current share price.

Logistic Properties of the Americas (NYSEAMERICAN:LPA - Get Free Report) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 72,864 shares, a decrease of 39.3% from the August 15th total of 120,124 shares. Currently, 0.3% of the company's shares are sold short. Based on an average daily volume of 19,060 shares, the days-to-cover ratio is currently 3.8 days.

Logistic Properties of the Americas Stock Up 1.9%

NYSEAMERICAN LPA traded up $0.06 on Wednesday, reaching $3.16. The company had a trading volume of 5,531 shares, compared to its average volume of 163,943. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.80 and a quick ratio of 1.80. Logistic Properties of the Americas has a 1 year low of $2.04 and a 1 year high of $6.31. The firm has a 50-day moving average of $3.12 and a 200-day moving average of $3.18. The firm has a market capitalization of $99.92 million, a PE ratio of 5.85 and a beta of 5.40.

Logistic Properties of the Americas (NYSEAMERICAN:LPA - Get Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $0.40 earnings per share (EPS) for the quarter. Logistic Properties of the Americas had a return on equity of 0.46% and a net margin of 30.97%.The company had revenue of $14.74 million for the quarter. On average, equities research analysts anticipate that Logistic Properties of the Americas will post 0.14 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Btg Pactual set a $7.50 price target on shares of Logistic Properties of the Americas in a research report on Sunday, May 24th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of "Hold" and an average target price of $7.50.

About Logistic Properties of the Americas

Logistic Properties of the Americas is a real estate company focused on owning, developing, acquiring and operating logistics and industrial properties in Latin America. Its portfolio is designed to support distribution, warehousing and fulfillment activities for businesses serving growing urban and consumer markets.

The company primarily serves Colombia, Costa Rica and Peru, with properties positioned near major population centers, transportation corridors and commercial hubs. Its facilities are used by customers in areas such as e-commerce, retail, consumer products, third-party logistics and other industries that require modern distribution space.

Logistic Properties of the Americas became a publicly traded company in the United States through a business combination and trades on the NYSE American under the symbol LPA.

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