Short Interest in Longfor Group Holdings Limited (OTCMKTS:LGFRY) Drops By 59.6%

Longfor Group Holdings Limited (OTCMKTS:LGFRY) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 12,000 shares, a drop of 59.6% from the October 31st total of 29,700 shares. Based on an average daily trading volume, of 55,700 shares, the short-interest ratio is currently 0.2 days.

Longfor Group Stock Up 2.9 %

Shares of LGFRY traded up C$0.39 during trading hours on Thursday, reaching C$13.79. 27,197 shares of the stock traded hands, compared to its average volume of 14,523. Longfor Group has a 52-week low of C$9.69 and a 52-week high of C$24.40. The company’s 50-day moving average price is C$16.26 and its two-hundred day moving average price is C$14.54.

About Longfor Group

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.