The LGL Group, Inc. (NYSEAMERICAN:LGL) Short Interest Update

The LGL Group, Inc. (NYSEAMERICAN:LGL) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 11,600 shares, a decrease of 18.3% from the September 15th total of 14,200 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 2.1 days.

The LGL Group Price Performance

Shares of The LGL Group stock traded down $0.04 during midday trading on Tuesday, reaching $5.72. The company had a trading volume of 1,493 shares, compared to its average volume of 5,765. The LGL Group has a 1-year low of $4.42 and a 1-year high of $6.76. The firm has a market cap of $30.62 million, a P/E ratio of -1.52, a P/E/G ratio of 1.42 and a beta of 0.60.

The LGL Group (NYSEAMERICAN:LGL) last announced its quarterly earnings data on Tuesday, August 13th. The industrial products company reported $0.02 EPS for the quarter. The LGL Group had a negative return on equity of 30.65% and a negative net margin of 64.20%. The firm had revenue of $0.53 million during the quarter. On average, sell-side analysts expect that The LGL Group will post 0.12 EPS for the current year.

About The LGL Group

The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of time and frequency instruments in the United States and internationally. It operates in two segments, Electronic Instruments and Merchant Investment. The company offers frequency and time reference standards; radio frequency (RF), digital, and optical time code distribution amplifiers; Network Time Protocol (NTP) servers; and redundancy auto switches.