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

LG Display Co., Ltd. (NYSE:LPL) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 197,800 shares, a drop of 27.8% from the October 31st total of 273,900 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 173,900 shares, the short-interest ratio is currently 1.1 days.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC raised its stake in shares of LG Display by 45.9% during the 2nd quarter. GAMMA Investing LLC now owns 7,508 shares of the electronics maker’s stock worth $31,000 after buying an additional 2,363 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in LG Display by 20.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 16,411 shares of the electronics maker’s stock valued at $67,000 after purchasing an additional 2,819 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in 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 purchasing an additional 3,172 shares during the last quarter. Inspire Advisors LLC raised its stake in LG Display by 11.6% in 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. Finally, Coldstream Capital Management Inc. raised its stake in LG Display by 34.5% in the 3rd quarter. Coldstream Capital Management Inc. now owns 21,785 shares of the electronics maker’s stock valued at $88,000 after purchasing an additional 5,588 shares during the last quarter.

LG Display Price Performance

Shares of NYSE LPL traded down $0.09 during trading on Friday, hitting $3.38. 69,796 shares of the company were exchanged, compared to its average volume of 314,526. The company has a market cap of $3.38 billion, a price-to-earnings ratio of -1.94 and a beta of 1.38. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.65 and a quick ratio of 0.43. LG Display has a 1 year low of $3.33 and a 1 year high of $5.66. The firm’s fifty day moving average price is $3.74 and its 200 day moving average price is $3.91.

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.