Short Interest in Lazydays Holdings, Inc. (NASDAQ:LAZY) Decreases By 8.1%

Lazydays Holdings, Inc. (NASDAQ:LAZY – Get Rating) saw a large drop in short interest in the month of December. As of December 30th, there was short interest totalling 819,300 shares, a drop of 8.1% from the December 15th total of 891,600 shares. Based on an average daily volume of 104,400 shares, the days-to-cover ratio is presently 7.8 days. Currently, 9.0% of the company’s shares are short sold.

Insider Transactions at Lazydays

In other news, major shareholder B. Riley Financial, Inc. sold 1,700,000 shares of the firm’s stock in a transaction dated Thursday, November 10th. The stock was sold at an average price of $14.20, for a total value of $24,140,000.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, major shareholder B. Riley Financial, Inc. sold 1,700,000 shares of the stock in a transaction dated Thursday, November 10th. The stock was sold at an average price of $14.20, for a total value of $24,140,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Coliseum Capital Management, L bought 31,514 shares of the stock in a transaction dated Wednesday, December 7th. The stock was bought at an average price of $13.49 per share, with a total value of $425,123.86. Following the purchase, the director now owns 3,633,518 shares of the company’s stock, valued at approximately $49,016,157.82. The disclosure for this purchase can be found here. Insiders have bought a total of 231,488 shares of company stock worth $3,114,889 in the last three months. 24.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lazydays

Hedge funds have recently bought and sold shares of the business. Advisor Group Holdings Inc. lifted its holdings in Lazydays by 130.9% during the 1st quarter. Advisor Group Holdings Inc. now owns 1,764 shares of the company’s stock worth $35,000 after buying an additional 1,000 shares during the last quarter. UBS Group AG bought a new position in Lazydays during the 3rd quarter worth approximately $32,000. Gladius Capital Management LP bought a new stake in shares of Lazydays in the 2nd quarter worth approximately $30,000. Quantbot Technologies LP lifted its holdings in shares of Lazydays by 4,422.0% in the 1st quarter. Quantbot Technologies LP now owns 9,044 shares of the company’s stock worth $182,000 after purchasing an additional 8,844 shares during the last quarter. Finally, Koss Olinger Consulting LLC bought a new stake in shares of Lazydays in the 3rd quarter worth approximately $139,000.

Lazydays Price Performance

Shares of NASDAQ LAZY opened at $12.72 on Monday. Lazydays has a fifty-two week low of $11.25 and a fifty-two week high of $22.48. The business has a 50 day moving average price of $13.13 and a two-hundred day moving average price of $13.83. The company has a quick ratio of 0.39, a current ratio of 1.30 and a debt-to-equity ratio of 0.52. The firm has a market cap of $134.03 million, a PE ratio of 4.00 and a beta of 1.71.

Lazydays (NASDAQ:LAZY – Get Rating) last issued its quarterly earnings data on Thursday, November 3rd. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.01). Lazydays had a net margin of 6.02% and a return on equity of 36.78%. The business had revenue of $333.76 million for the quarter, compared to analyst estimates of $326.70 million. Sell-side analysts expect that Lazydays will post 3.18 earnings per share for the current fiscal year.

About Lazydays

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Lazydays Holdings, Inc retails recreational vehicles, motorcycles, jet skis and related accessories. The company operates recreation vehicle dealerships, generating revenue by providing RV owners a full spectrum of products: RV sales, RV services, financing and insurance products, RV parts and accessories, RV rentals, third-party protection plans, and RV camping.