Short Interest in LM Funding America, Inc. (NASDAQ:LMFA) Decreases By 24.8%

LM Funding America, Inc. (NASDAQ:LMFA) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 106,300 shares, a decrease of 24.8% from the December 15th total of 141,400 shares. Currently, 3.6% of the shares of the company are sold short. Based on an average trading volume of 159,500 shares, the short-interest ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reissued a “neutral” rating on shares of LM Funding America in a report on Friday, November 15th.

LM Funding America Stock Performance

Shares of NASDAQ LMFA traded up $0.18 during trading on Wednesday, reaching $2.11. 66,640 shares of the company traded hands, compared to its average volume of 68,615. The stock has a market cap of $7.17 million, a P/E ratio of -0.43 and a beta of 1.42. The firm’s fifty day simple moving average is $2.65 and its 200 day simple moving average is $2.97. The company has a current ratio of 3.65, a quick ratio of 3.65 and a debt-to-equity ratio of 0.17. LM Funding America has a 12-month low of $1.84 and a 12-month high of $6.11.

LM Funding America Company Profile

LM Funding America, Inc operates as a cryptocurrency mining and specialty finance company. It operates through two segments, Specialty Finance and Mining Operations. The company also engages in Bitcoin mining operations; and provides funding to nonprofit community associations. The company was founded in 2008 and is based in Tampa, Florida.