Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 64,753 shares, a growth of 1,409.7% from the June 30th total of 4,289 shares. Based on an average trading volume of 265,362 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.
Longfor Group Stock Performance
Shares of OTCMKTS LGFRY traded down C$0.12 during mid-day trading on Friday, reaching C$8.41. The company had a trading volume of 86,974 shares, compared to its average volume of 64,892. The company has a 50-day moving average price of C$9.12 and a two-hundred day moving average price of C$10.73. Longfor Group has a 1-year low of C$7.54 and a 1-year high of C$15.49.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of Longfor Group to a “hold” rating in a research report on Wednesday, April 15th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.
Longfor Group Company Profile
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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