Jacqueline M. Simkin Acquires 5,000 Shares of Ladenburg Thalmann Stock (LTS)
Ladenburg Thalmann (NYSE:LTS) Director Jacqueline M. Simkin purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were purchased at an average price of $3.57 per share, with a total value of $17,850.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Ladenburg Thalmann (NYSE:LTS) opened at 3.62 on Wednesday. Ladenburg Thalmann has a one year low of $1.66 and a one year high of $3.90. The stock has a 50-day moving average of $3.54 and a 200-day moving average of $3.04. The company’s market cap is $666.6 million. Ladenburg Thalmann also was the target of a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 3,820,093 shares, a growth of 3.4% from the July 31st total of 3,694,090 shares. Currently, 3.9% of the shares of the company are short sold. Based on an average daily volume of 258,546 shares, the short-interest ratio is currently 14.8 days.
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