Lazydays Holdings, Inc. (NASDAQ:GORV) Short Interest Update

Lazydays Holdings, Inc. (NASDAQ:GORV) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 743,800 shares, a decrease of 8.2% from the November 30th total of 810,600 shares. Based on an average daily trading volume, of 314,600 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.3% of the shares of the stock are short sold.

Lazydays Price Performance

GORV stock traded up $0.13 during mid-day trading on Wednesday, reaching $0.96. The company’s stock had a trading volume of 185,254 shares, compared to its average volume of 126,298. The company has a current ratio of 0.91, a quick ratio of 0.12 and a debt-to-equity ratio of 2.35. The company’s 50 day moving average is $0.99 and its two-hundred day moving average is $1.76. Lazydays has a fifty-two week low of $0.76 and a fifty-two week high of $7.00. The stock has a market cap of $13.55 million, a PE ratio of -0.07 and a beta of 1.97.

Insider Transactions at Lazydays

In other Lazydays news, major shareholder Coliseum Capital Management, L purchased 14,563,106 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were purchased at an average cost of $1.03 per share, with a total value of $14,999,999.18. Following the completion of the purchase, the insider now owns 21,085,529 shares in the company, valued at approximately $21,718,094.87. This represents a 223.28 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.47% of the company’s stock.

Institutional Investors Weigh In On Lazydays

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in Lazydays during the second quarter worth $36,000. Nantahala Capital Management LLC purchased a new position in shares of Lazydays during the 2nd quarter worth $1,270,000. Finally, Dimensional Fund Advisors LP acquired a new position in shares of Lazydays during the 2nd quarter valued at about $187,000. Institutional investors and hedge funds own 89.67% of the company’s stock.

Lazydays Company Profile

Lazydays Holdings, Inc operates recreational vehicle (RV) dealerships under the Lazydays name in the United States. The company offers RV sales, RV-repair and services, financing and insurance products, third-party protection plans, and after-market parts and accessories. It also operates the Lazydays RV resort at Tampa, Florida.