MSP Recovery, Inc. (NASDAQ:LIFW) Short Interest Up 21.8% in June

MSP Recovery, Inc. (NASDAQ:LIFW) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 372,400 shares, a growth of 21.8% from the May 31st total of 305,800 shares. Based on an average trading volume of 1,850,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 2.6% of the shares of the company are sold short.

MSP Recovery Stock Performance

Shares of LIFW stock traded down $0.04 during mid-day trading on Tuesday, reaching $0.40. The stock had a trading volume of 594,000 shares, compared to its average volume of 1,390,518. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.57. The firm has a market cap of $56.03 million, a PE ratio of -0.06 and a beta of -2.31. MSP Recovery has a one year low of $0.30 and a one year high of $17.48. The firm’s 50 day simple moving average is $0.59 and its 200 day simple moving average is $0.81.

MSP Recovery (NASDAQ:LIFW) last posted its earnings results on Wednesday, May 15th. The company reported ($0.57) EPS for the quarter. The company had revenue of $6.00 million for the quarter. MSP Recovery had a negative return on equity of 3.70% and a negative net margin of 724.07%.

MSP Recovery Company Profile

MSP Recovery, Inc, doing business as LifeWallet, operates as a healthcare recovery and data analytics company in the United States and Puerto Rico. The company offers claims recovery services, including services to related parties or third parties to assist entities with pursuit of claims recovery rights.