Short Interest in Longfor Group Holdings Limited (OTCMKTS:LGFRY) Expands By 410.0%

Longfor Group Holdings Limited (OTCMKTS:LGFRY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 10,200 shares, an increase of 410.0% from the September 30th total of 2,000 shares. Based on an average daily volume of 35,700 shares, the short-interest ratio is presently 0.3 days.

Longfor Group Price Performance

LGFRY stock traded down C$0.04 during mid-day trading on Friday, reaching C$15.64. 33,709 shares of the stock traded hands, compared to its average volume of 13,006. The stock’s fifty day moving average is C$13.90 and its 200-day moving average is C$14.21. Longfor Group has a 52-week low of C$9.69 and a 52-week high of C$24.40.

Longfor Group Company Profile

Longfor Group Holdings Limited, an investment holding company, engages in the property development, investment, and management businesses in the People's Republic of China. It operates through three segments: Property Development, Investment Property Operation, and Services and Others. The Property Development segment develops and sells office and commercial premises, and residential properties.