LifeVantage Co. (NASDAQ:LFVN) Short Interest Update

LifeVantage Co. (NASDAQ:LFVN - Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 231,100 shares, an increase of 13.8% from the September 30th total of 203,000 shares. Currently, 2.3% of the shares of the company are short sold. Based on an average trading volume of 94,300 shares, the short-interest ratio is currently 2.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in LFVN. Hillsdale Investment Management Inc. acquired a new stake in LifeVantage in the first quarter valued at $76,000. Hantz Financial Services Inc. acquired a new stake in LifeVantage in the second quarter valued at $91,000. Ritholtz Wealth Management increased its holdings in LifeVantage by 62.0% in the third quarter. Ritholtz Wealth Management now owns 28,666 shares of the company's stock valued at $346,000 after purchasing an additional 10,974 shares during the period. Empowered Funds LLC increased its holdings in LifeVantage by 8.1% in the first quarter. Empowered Funds LLC now owns 76,203 shares of the company's stock valued at $461,000 after purchasing an additional 5,742 shares during the period. Finally, Acadian Asset Management LLC increased its holdings in LifeVantage by 2.8% in the first quarter. Acadian Asset Management LLC now owns 228,088 shares of the company's stock valued at $1,378,000 after purchasing an additional 6,121 shares during the period. 35.32% of the stock is currently owned by institutional investors and hedge funds.

LifeVantage Stock Performance

Shares of LFVN stock traded down $0.51 during trading on Tuesday, hitting $12.98. The company had a trading volume of 172,827 shares, compared to its average volume of 59,519. The firm has a market capitalization of $164.86 million, a P/E ratio of 46.36 and a beta of 0.84. The stock's 50-day moving average price is $10.68 and its 200 day moving average price is $8.27. LifeVantage has a one year low of $4.20 and a one year high of $14.71.

LifeVantage (NASDAQ:LFVN - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.07). LifeVantage had a net margin of 1.47% and a return on equity of 27.85%. The company had revenue of $48.93 million during the quarter.

LifeVantage Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Shareholders of record on Monday, September 9th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, September 9th. This represents a $0.16 annualized dividend and a yield of 1.23%. LifeVantage's dividend payout ratio is currently 57.14%.

LifeVantage Company Profile

LifeVantage Corporation engages in the identification, research, development, formulation, and sale of advanced nutrigenomic activators, dietary supplements, nootropics, pre- and pro-biotics, weight management, skin and hair care, bath and body, and targeted relief products. It offers Protandim, a dietary supplement; LifeVantage Omega+, a dietary supplement that combines DHA and EPA Omega-3 fatty acids, Omega-7 fatty acids, and vitamin D3; LifeVantage ProBio, a dietary supplement to support gut health; PhysIQ, a weight management system; LifeVantage IC Bright, a supplement to support eye and brain health, reduce eye fatigue and strain, supports cognitive functions, and support normal sleep patterns; Petandim for Dogs, a supplement to combat oxidative stress in dogs; and Axio, a nootropic energy drink mix.

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