Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 53,017 shares, an increase of 144.5% from the July 30th total of 21,684 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 70,425 shares, the short-interest ratio is currently 0.8 days.
Longfor Group Stock Performance
Shares of LGFRY traded up C$0.27 during mid-day trading on Friday, hitting C$8.75. 133,654 shares of the company traded hands, compared to its average volume of 55,114. The business has a 50 day moving average of C$8.30 and a 200 day moving average of C$10.05. Longfor Group has a 1-year low of C$7.54 and a 1-year high of C$15.49.
About Longfor Group
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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