LG Display Co., Ltd. (NYSE:LPL) Short Interest Update

LG Display Co., Ltd. (NYSE:LPL) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 134,600 shares, a decrease of 25.3% from the November 30th total of 180,300 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 191,700 shares, the days-to-cover ratio is presently 0.7 days.

Wall Street Analysts Forecast Growth

LPL has been the subject of several recent analyst reports. Citigroup downgraded LG Display from a “buy” rating to a “sell” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. downgraded LG Display from an “overweight” rating to a “neutral” rating in a research report on Wednesday, October 23rd. StockNews.com raised shares of LG Display from a “hold” rating to a “buy” rating in a research report on Thursday, December 19th. Finally, Morgan Stanley upgraded LG Display from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 16th.

LG Display Stock Performance

Shares of LPL stock traded down $0.06 on Friday, hitting $3.18. 241,404 shares of the stock were exchanged, compared to its average volume of 308,731. LG Display has a one year low of $3.10 and a one year high of $5.66. The firm has a market capitalization of $3.18 billion, a PE ratio of -1.82 and a beta of 1.33. The company has a current ratio of 0.65, a quick ratio of 0.43 and a debt-to-equity ratio of 1.03. The firm’s 50 day moving average is $3.44 and its two-hundred day moving average is $3.84.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LPL. EverSource Wealth Advisors LLC boosted its stake in shares of LG Display by 20.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 16,411 shares of the electronics maker’s stock worth $67,000 after acquiring an additional 2,819 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of LG Display by 3.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 86,826 shares of the electronics maker’s stock valued at $351,000 after acquiring an additional 3,172 shares during the last quarter. Inspire Advisors LLC increased its position in shares of LG Display by 11.6% during the 2nd quarter. Inspire Advisors LLC now owns 36,903 shares of the electronics maker’s stock valued at $152,000 after purchasing an additional 3,825 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in shares of LG Display by 34.5% in the third quarter. Coldstream Capital Management Inc. now owns 21,785 shares of the electronics maker’s stock valued at $88,000 after acquiring an additional 5,588 shares during the period. Finally, State Street Corp raised its position in LG Display by 1.2% in the 3rd quarter. State Street Corp now owns 628,299 shares of the electronics maker’s stock worth $2,545,000 after purchasing an additional 7,412 shares during the period.

About LG Display

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.