LL Flooring Holdings, Inc. (NYSE:LL) Short Interest Update

LL Flooring Holdings, Inc. (NYSE:LL) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 882,800 shares, a decrease of 19.7% from the March 31st total of 1,100,000 shares. Based on an average daily volume of 255,700 shares, the short-interest ratio is currently 3.5 days. Approximately 3.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Values First Advisors Inc. raised its stake in LL Flooring by 27.2% during the fourth quarter. Values First Advisors Inc. now owns 154,754 shares of the specialty retailer’s stock worth $604,000 after acquiring an additional 33,117 shares in the last quarter. Innovis Asset Management LLC bought a new stake in LL Flooring during the third quarter worth about $87,000. Gladius Capital Management LP acquired a new stake in shares of LL Flooring during the third quarter worth approximately $29,000. Sierra Summit Advisors LLC bought a new position in shares of LL Flooring in the fourth quarter valued at approximately $266,000. Finally, Jump Financial LLC raised its stake in shares of LL Flooring by 36.0% in the fourth quarter. Jump Financial LLC now owns 27,315 shares of the specialty retailer’s stock valued at $107,000 after acquiring an additional 7,228 shares during the last quarter. 54.33% of the stock is owned by institutional investors.

LL Flooring Stock Performance

LL Flooring stock traded up $0.05 on Monday, reaching $1.55. 375,047 shares of the stock were exchanged, compared to its average volume of 255,518. The stock has a market cap of $47.80 million, a PE ratio of -0.43 and a beta of 1.89. The firm has a fifty day moving average price of $1.82 and a two-hundred day moving average price of $2.70. LL Flooring has a twelve month low of $1.46 and a twelve month high of $5.52. The company has a current ratio of 1.54, a quick ratio of 0.12 and a debt-to-equity ratio of 0.42.

LL Flooring (NYSE:LL) last issued its quarterly earnings results on Friday, March 1st. The specialty retailer reported ($0.64) EPS for the quarter. The business had revenue of $211.78 million for the quarter. LL Flooring had a negative return on equity of 44.10% and a negative net margin of 11.44%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of LL Flooring in a research note on Wednesday, April 24th. They issued a “sell” rating on the stock.

About LL Flooring

LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard and soft surface flooring, and hard and soft surface flooring enhancements and accessories. The company offers hard and soft surface flooring including, waterproof hybrid resilient, waterproof vinyl plank, solid and engineered hardwood, laminate, bamboo, tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools, as well as Duravana, a hybrid resilient flooring under the Bellawood, Coreluxe, ReNature by Coreluxe, and Duravana brand names.