Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) Sees Large Drop in Short Interest

Leifras Co., Ltd. – Sponsored ADR (NASDAQ:LFS) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 216,050 shares, a decrease of 80.9% from the July 30th total of 1,132,166 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 3,280,787 shares, the short-interest ratio is currently 0.1 days.

Leifras Trading Down 1.3%

LFS traded down $0.03 during trading on Wednesday, hitting $2.28. 71,334 shares of the company’s stock were exchanged, compared to its average volume of 1,289,857. Leifras has a 1 year low of $1.58 and a 1 year high of $12.49. The stock has a 50 day moving average price of $2.27 and a 200 day moving average price of $2.31. The firm has a market cap of $59.64 million and a P/E ratio of 17.54. The company has a current ratio of 1.69, a quick ratio of 1.68 and a debt-to-equity ratio of 0.16.

Leifras (NASDAQ:LFS) last issued its earnings results on Thursday, June 18th. The company reported $0.03 EPS for the quarter. The business had revenue of $18.57 million during the quarter.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LFS. Wall Street Zen upgraded Leifras to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings upgraded Leifras from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

About Leifras

Headquartered in Shibuya-ku, Tokyo, we are a sports and social business company dedicated to youth sports and community engagement. We primarily provide services related to the organization and operations of sports schools and sports events for children. Building upon our experience and know-how in sports education, we also operate a robust social business sector, dispatching sports coaches to meet various community needs. At the core of our operations is the children’s sports school business. When we refer to a sports school, it refers to a series of courses and programs that we offer to teach a sport, instead of a physical location.