LM Funding America, Inc. (NASDAQ:LMFA – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 39,500 shares, an increase of 14.5% from the July 31st total of 34,500 shares. Based on an average daily trading volume, of 79,500 shares, the short-interest ratio is currently 0.5 days. Approximately 1.7% of the shares of the company are sold short.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reaffirmed a “neutral” rating on shares of LM Funding America in a report on Thursday, August 15th.
Check Out Our Latest Report on LM Funding America
LM Funding America Trading Up 6.7 %
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.
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