Logistic Properties of the Americas (NYSEAMERICAN:LPA) Short Interest Down 19.5% in January

Logistic Properties of the Americas (NYSEAMERICAN:LPA) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 81,828 shares, a decline of 19.5% from the January 15th total of 101,691 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 12,489 shares, the short-interest ratio is currently 6.6 days. Based on an average trading volume of 12,489 shares, the short-interest ratio is currently 6.6 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On Logistic Properties of the Americas

Large investors have recently made changes to their positions in the stock. Cerity Partners LLC bought a new position in Logistic Properties of the Americas during the fourth quarter worth about $637,000. State Street Corp lifted its position in shares of Logistic Properties of the Americas by 1,037.8% in the fourth quarter. State Street Corp now owns 202,535 shares of the company’s stock valued at $553,000 after buying an additional 184,735 shares during the last quarter. Geode Capital Management LLC bought a new position in shares of Logistic Properties of the Americas during the 2nd quarter worth approximately $275,000. Goldman Sachs Group Inc. increased its holdings in shares of Logistic Properties of the Americas by 24.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 23,762 shares of the company’s stock worth $212,000 after acquiring an additional 4,645 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake 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 acquiring an additional 7,438 shares during the period. Institutional investors own 42.71% of the company’s stock.

Logistic Properties of the Americas Stock Down 2.5%

Shares of NYSEAMERICAN LPA traded down $0.06 during mid-day trading on Tuesday, reaching $2.38. 22,238 shares of the company’s stock were exchanged, compared to its average volume of 21,675. Logistic Properties of the Americas has a twelve month low of $2.04 and a twelve month high of $10.03. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $75.02 million, a price-to-earnings ratio of 10.35 and a beta of 6.06. The business has a fifty day simple moving average of $2.79 and a 200 day simple moving average of $4.07.

About Logistic Properties of the Americas

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.