Trading volume for Lm Funding Cmn was 4,475 by the end of trading on Tuesday. Volume was down 76.42% under the stocks average daily volume.
Investors are more bullish on shares of the company lately if you pay attention to the motion in short interest. The firm saw a fall in short interest of -40.67% between September 29, 2017 and October 13, 2017. Short interest fell from 26,577 to 15,768 over that period. With short interest at 15,768 and short average daily volume at 38,044, the short-interest ratio is 0.0 and the short interest percentage is 0.00% as of October 13.
These funds have shifted positions in (LMFA). As of the end of the quarter Goldman Sachs Group Inc had sold a total of 2,526 shares trimming its holdings by 15.7%. The value of the total investment in Lm Funding Cmn went from $66,000 to $57,000 a change of $9,000 since the last quarter. Blackrock Inc. bolstered its ownership by buying 508 shares an increase of 21.0% as of 06/30/2017. Blackrock Inc. currently owns 2,928 shares with a value of $12,000. The total value of its holdings increased 20.0%.
The company is so far trading up by 56.15% since yesterday’s close of 1.87. The P/E ratio is N/A and the market cap is 6.10M. As of the latest earnings report the EPS was $-0.80 with 3.30M shares now outstanding.
LM Funding America, Inc., launched on April 20, 2015, is a specialty finance company. The Company provides funding to nonprofit community associations primarily located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. The Company also has operations in Illinois. The Company offers incorporated nonprofit community associations, which the Company refers to as Associations, a range of financial products customized to each Association’s financial needs. The Business’s products include Original Product and New Neighbor Guaranty. Its Original Product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. The Company provides funding against such delinquent accounts, which the Company refers to as Accounts, in exchange for a portion of the proceeds collected by the Associations from the account debtors on the Accounts. It also engages in purchasing Accounts on varying terms tailored to suit each Association’s financial needs, including under its New Neighbor Guaranty program. All of its business is conducted through its subsidiary, LM Funding, LLC, and its subsidiaries..