Ladenburg Thalmann Short Interest Up 3.4% in August (LTS)
Shares of Ladenburg Thalmann (NYSE:LTS) were the target of a significant increase in short interest in August. As of August 15th, there was short interest totalling 3,820,093 shares, an increase of 3.4% from the July 31st total of 3,694,090 shares, Stock Ratings Network.com reports. Based on an average daily volume of 258,546 shares, the days-to-cover ratio is currently 14.8 days. Approximately 3.9% of the shares of the company are short sold.
Shares of Ladenburg Thalmann (NYSE:LTS) opened at 3.62 on Wednesday. Ladenburg Thalmann has a 1-year low of $1.66 and a 1-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.
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