LG Display Co., Ltd. (NYSE:LPL) Short Interest Up 16.0% in February

LG Display Co., Ltd. (NYSE:LPL - Get Free Report) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 630,600 shares, an increase of 16.0% from the February 13th total of 543,600 shares. Based on an average daily volume of 204,200 shares, the days-to-cover ratio is presently 3.1 days. Currently, 0.1% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of LG Display from a "buy" rating to a "hold" rating in a report on Tuesday, January 7th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LPL. Two Sigma Advisers LP bought a new stake in shares of LG Display during the fourth quarter valued at approximately $32,000. Savant Capital LLC bought a new stake in shares of LG Display in the 4th quarter worth $38,000. Caprock Group LLC raised its stake in shares of LG Display by 48.7% in the fourth quarter. Caprock Group LLC now owns 17,144 shares of the electronics maker's stock worth $53,000 after purchasing an additional 5,618 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of LG Display by 21.2% during the fourth quarter. Millennium Management LLC now owns 20,900 shares of the electronics maker's stock valued at $64,000 after purchasing an additional 3,661 shares in the last quarter. Finally, Coldstream Capital Management Inc. boosted its position in shares of LG Display by 34.5% during the third quarter. Coldstream Capital Management Inc. now owns 21,785 shares of the electronics maker's stock valued at $88,000 after buying an additional 5,588 shares during the last quarter.

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LG Display Trading Down 1.5 %

Shares of LPL traded down $0.05 during trading hours on Monday, hitting $3.22. The company had a trading volume of 73,493 shares, compared to its average volume of 235,918. The stock's 50 day moving average price is $3.26 and its 200 day moving average price is $3.47. The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 1.00. LG Display has a 52-week low of $3.05 and a 52-week high of $4.86. The firm has a market cap of $3.22 billion, a P/E ratio of -1.34 and a beta of 1.35.

LG Display (NYSE:LPL - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The electronics maker reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.67). LG Display had a negative return on equity of 29.08% and a negative net margin of 9.42%. On average, research analysts predict that LG Display will post 0.59 EPS for the current year.

LG Display Company Profile

LG Display Co, Ltd., together with its subsidiaries, engages in the manufacture and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels. Its TFT-LCD and OLED technology-based display panels are primarily used in televisions, notebook computers, desktop monitors, tablet computers, mobile devices, and automotive displays.