Leju Holdings Ltd (NYSE:LEJU) Short Interest Update

Leju Holdings Ltd (NYSE:LEJU) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 21,600 shares, a decline of 47.3% from the July 31st total of 41,000 shares. Based on an average trading volume of 39,400 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

An institutional investor recently raised its position in Leju stock. Renaissance Technologies LLC grew its stake in shares of Leju Holdings Ltd (NYSE:LEJU) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,211,931 shares of the financial services provider’s stock after purchasing an additional 27,837 shares during the period. Renaissance Technologies LLC owned approximately 0.89% of Leju worth $1,672,000 as of its most recent SEC filing. Institutional investors own 1.10% of the company’s stock.

Shares of LEJU stock traded up $0.05 during mid-day trading on Friday, reaching $1.75. The stock had a trading volume of 173,100 shares, compared to its average volume of 43,424. The stock’s 50-day moving average price is $1.43 and its two-hundred day moving average price is $1.51. Leju has a 52-week low of $1.05 and a 52-week high of $2.31. The firm has a market capitalization of $240.30 million, a PE ratio of 59.00 and a beta of 2.54.

Leju (NYSE:LEJU) last released its quarterly earnings data on Monday, August 19th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter. Leju had a net margin of 0.77% and a return on equity of 1.73%. The firm had revenue of $169.97 million for the quarter.

Leju Company Profile

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. The company offers real estate e-commerce, online advertising, and online listing services through its online platform, which comprises Websites covering 377 cities and various mobile applications for the real estate and home furnishing industries.

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