|Day Low/High||41.82 / 42.70|
|52 Wk Low/High||18.12 / 36.07|
The most recent short interest data has been released for the 06/30/2017 settlement date, which shows a 1,258,954 share decrease in total short interest for LGI Homes, Inc. , to 6,196,163, a decrease of 16.89% since 06/15/2017.
New homes, incredible location; prices start in the upper-$300s
Smaller builders are of particular interest because they're acquisition candidates in a fragmented market.
In recent trading, shares of LGI Homes, Inc. have crossed above the average analyst 12-month target price of $36.50, changing hands for $36.62/share.
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in LGI Homes, Inc. , where a total of 1,347 contracts have traded so far, representing approximately 134,700 underlying shares.
They have faster growth prospects and sell for slightly cheaper valuations, as well.
Investors considering a purchase of LGI Homes, Inc. shares, but cautious about paying the going market price of $30.72/share, might benefit from considering selling puts among the alternative strategies at their disposal.
Home builders make up the second-largest allocation in my portfolio, behind biotech.
New Community Offers Affordable, New Homes in an Incredible Location
Infrastructure investments are likely to see further gains this year on land and sea.