Longfor Group Holdings Limited (OTCMKTS:LGFRY) Short Interest Up 3,637.7% in April

Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 78,902 shares, a growth of 3,637.7% from the April 15th total of 2,111 shares. Based on an average daily volume of 93,751 shares, the days-to-cover ratio is presently 0.8 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Longfor Group to a “hold” rating in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on LGFRY

Longfor Group Price Performance

Shares of LGFRY traded down C$0.01 during midday trading on Wednesday, reaching C$12.50. The stock had a trading volume of 2,846 shares, compared to its average volume of 55,320. The company’s 50-day moving average is C$10.77 and its 200 day moving average is C$11.85. Longfor Group has a 12-month low of C$9.40 and a 12-month high of C$15.49.

Longfor Group Company Profile

(Get Free Report)

Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.

In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.

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