Short Interest in Liquidity Services, Inc. (NASDAQ:LQDT) Drops By 29.7%

Key Points

• Short interest in Liquidity Services fell by 29.7% in March to 756,492 shares, equal to about 3.4% of shares short and a days-to-cover ratio of 3.9.
• Company insiders have been net sellers — Director Jaime Mateus‑Tique sold 52,061 shares and insiders sold 83,357 shares over the past three months, leaving insiders with a 28.06% ownership stake.
• Institutions own 71.15% of the stock, and analysts have a consensus target of $44 versus a current price near $32.60 (market cap about $1.01 billion).

Liquidity Services, Inc. (NASDAQ:LQDT - Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 756,492 shares, a drop of 29.7% from the March 15th total of 1,076,094 shares. Based on an average daily trading volume, of 193,032 shares, the days-to-cover ratio is presently 3.9 days. Currently, 3.4% of the shares of the stock are short sold.

Insider Activity

In other Liquidity Services news, Director Jaime Mateus-Tique sold 52,061 shares of the firm's stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $33.20, for a total value of $1,728,425.20. Following the transaction, the director directly owned 99,111 shares of the company's stock, valued at $3,290,485.20. This trade represents a 34.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Steven Weiskircher sold 4,967 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $32.07, for a total transaction of $159,291.69. Following the completion of the sale, the senior vice president owned 65,495 shares in the company, valued at approximately $2,100,424.65. The trade was a 7.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 83,357 shares of company stock worth $2,761,699. Insiders own 28.06% of the company's stock.

Institutional Investors Weigh In On Liquidity Services

Several hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its position in Liquidity Services by 29.6% during the 4th quarter. Invesco Ltd. now owns 133,650 shares of the business services provider's stock worth $4,051,000 after buying an additional 30,486 shares during the period. State of Tennessee Department of Treasury boosted its position in Liquidity Services by 72.8% during the 4th quarter. State of Tennessee Department of Treasury now owns 9,490 shares of the business services provider's stock worth $304,000 after buying an additional 3,998 shares during the period. Mackenzie Financial Corp boosted its position in Liquidity Services by 20.5% during the 4th quarter. Mackenzie Financial Corp now owns 65,223 shares of the business services provider's stock worth $2,045,000 after buying an additional 11,088 shares during the period. XTX Topco Ltd acquired a new position in shares of Liquidity Services in the 4th quarter worth approximately $286,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Liquidity Services in the 4th quarter worth approximately $383,000. 71.15% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on LQDT. Barrington Research set a $44.00 price target on shares of Liquidity Services in a research note on Friday, February 6th. Weiss Ratings restated a "hold (c)" rating on shares of Liquidity Services in a research note on Thursday, January 22nd. Finally, Zacks Research downgraded shares of Liquidity Services from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 7th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $44.00.

Liquidity Services Trading Up 0.5%

LQDT opened at $32.60 on Tuesday. The company's 50 day moving average is $31.04 and its 200-day moving average is $29.13. Liquidity Services has a 1-year low of $21.67 and a 1-year high of $33.61. The company has a market cap of $1.01 billion, a P/E ratio of 35.44 and a beta of 1.02.

Liquidity Services (NASDAQ:LQDT - Get Free Report) last posted its earnings results on Thursday, February 5th. The business services provider reported $0.39 EPS for the quarter, topping the consensus estimate of $0.28 by $0.11. Liquidity Services had a net margin of 6.26% and a return on equity of 19.98%. The business had revenue of $121.22 million for the quarter, compared to the consensus estimate of $51.76 million. Liquidity Services has set its Q2 2026 guidance at 0.290-0.380 EPS.

About Liquidity Services

Liquidity Services, Inc is a technology-driven provider of online marketplaces for surplus and remarketed assets. Through its wholly owned platforms—such as Liquidation.com, GovDeals, Machinio and GoIndustry DoveBid—the company connects sellers of industrial equipment, commercial inventory, government surplus and transportation assets with a broad base of registered buyers. Its solutions blend auction formats, fixed-price listings and managed-service offerings to support efficient asset disposition across a wide range of industries.

The company's core services include asset valuation, marketing, inspection and logistics coordination.

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