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LG Display Company Limited (NYSE:LPL) Reports Increase In Sellers; Strong Momentum For Short Players

Blaze Display Technology Co., Ltd. | Updated: Jul 17, 2017

The stock of LG Display Company Limited (NYSE:LPL) registered an increase of 24.49% in short interest. LPL’s total short interest was 2.44 million shares in July as published by FINRA. Its up 24.49% from 1.96M shares, reported previously. With 932,400 shares average volume, it will take short sellers 3 days to cover their LPL’s short positions.

About 446,802 shares traded. LG Display Co Ltd. (ADR) (NYSE:LPL) has risen 29.00% since July 14, 2016 and is uptrending. It has outperformed by 12.30% the S&P500.

LG Display Co., Ltd. manufactures thin-film transistor liquid crystal display, organic light emitting diode and other display panel technologies. The company has market cap of $11.40 billion. The Firm makes display panels in a range of sizes and specifications primarily for use in televisions, notebook computers, desktop monitors, tablet computers and various other applications, including mobile devices. It has a 8.51 P/E ratio. The Firm supplies ultra-high definition television panels.

 

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