LL Flooring Holdings, Inc. (NYSE:LL – Get Rating) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 1,790,000 shares, a growth of 11.9% from the August 15th total of 1,600,000 shares. Based on an average daily volume of 249,900 shares, the days-to-cover ratio is currently 7.2 days. Currently, 6.3% of the company's shares are sold short.

Analysts Set New Price Targets

Separately, StockNews.com raised LL Flooring from a "sell" rating to a "hold" rating in a research report on Tuesday, September 13th.

Insiders Place Their Bets

In other news, Director Famous P. Rhodes acquired 6,635 shares of LL Flooring stock in a transaction on Monday, August 8th. The shares were bought at an average cost of $9.86 per share, for a total transaction of $65,421.10. Following the acquisition, the director now directly owns 31,625 shares of the company's stock, valued at approximately $311,822.50. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.59% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On LL Flooring

LL Flooring Stock Performance

Shares of NYSE LL traded down $0.06 during trading on Monday, reaching $7.30. 12,677 shares of the company traded hands, compared to its average volume of 274,380. The firm's fifty day simple moving average is $9.26 and its 200 day simple moving average is $11.54. The stock has a market cap of $214.16 million, a P/E ratio of 8.36 and a beta of 2.19. LL Flooring has a 12-month low of $7.00 and a 12-month high of $20.35. The company has a current ratio of 1.58, a quick ratio of 0.13 and a debt-to-equity ratio of 0.05.

LL Flooring (NYSE:LL – Get Rating) last released its quarterly earnings data on Wednesday, August 3rd. The specialty retailer reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by ($0.10). The company had revenue of $298.96 million for the quarter, compared to analysts' expectations of $303.00 million. LL Flooring had a net margin of 2.26% and a return on equity of 9.69%. The business's quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.41 EPS. As a group, research analysts anticipate that LL Flooring will post 0.55 earnings per share for the current fiscal year.

LL Flooring Company Profile

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LL Flooring Holdings, Inc, together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The company offers hardwood species; waterproof vinyl plank, engineered hardwood, laminate, bamboo, porcelain tile, and cork products; and flooring enhancements and accessories, including moldings, underlayment, adhesives, and tools under the Bellawood and Coreluxe brand names.

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