Leju Holdings Ltd (NYSE:LEJU) Short Interest Update

Leju Holdings Ltd (NYSE:LEJU) was the target of a large decline in short interest during 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 39,400 shares, the short-interest ratio is presently 0.5 days.

A hedge fund recently raised its stake in Leju stock. Renaissance Technologies LLC increased its position in shares of Leju Holdings Ltd (NYSE:LEJU) by 2.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,211,931 shares of the financial services provider’s stock after acquiring an additional 27,837 shares during the period. Renaissance Technologies LLC owned about 0.89% of Leju worth $1,672,000 at the end of the most recent reporting period. 1.10% of the stock is currently owned by institutional investors and hedge funds.

LEJU stock traded up $0.05 during midday trading on Friday, reaching $1.75. 173,100 shares of the stock were exchanged, compared to its average volume of 43,424. The stock has a market capitalization of $240.30 million, a PE ratio of 59.00 and a beta of 2.54. Leju has a 52 week low of $1.05 and a 52 week high of $2.31. The company has a fifty day moving average price of $1.43 and a 200 day moving average price of $1.51.

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

About Leju

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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