Chow Tai Fook (OTCMKTS:CJEWY) Stock Short Interest Jumps 426.5%

Chow Tai Fook (OTCMKTS:CJEWY – Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,569 shares, a growth of 426.5% from the September 15th total of 298 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 404 shares, the short-interest ratio is presently 3.9 days.

Chow Tai Fook Stock Performance

Shares of CJEWY stock remained flat at $13.40 during mid-day trading on Friday. The stock had a trading volume of 175 shares, compared to its average volume of 385. Chow Tai Fook has a twelve month low of $12.60 and a twelve month high of $20.10. The firm’s 50-day moving average is $15.44 and its 200-day moving average is $14.76. The company has a quick ratio of 0.28, a current ratio of 1.68 and a debt-to-equity ratio of 0.23.

Chow Tai Fook Company Profile

(Get Free Report)

Chow Tai Fook Jewellery Group Limited is a Hong Kong-based jeweler that designs, manufactures, markets and sells jewelry and watches. Its product range includes gold jewelry, gem-set jewelry, platinum and karat-gold pieces, diamonds, jade and other gemstones, as well as watches and related accessories. The company serves consumers through retail stores, e-commerce channels and other sales networks.

The business traces its origins to a jewelry shop established in Guangzhou in 1929 by Cheng Yu-tung.

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