LPKF Laser & Electronics SE (OTCMKTS:LPKFF) Sees Large Growth in Short Interest

LPKF Laser & Electronics SE (OTCMKTS:LPKFF) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 131,236 shares, an increase of 106.3% from the May 14th total of 63,622 shares. Based on an average daily trading volume, of 308,019 shares, the days-to-cover ratio is presently 0.4 days.

LPKF Laser & Electronics Stock Up 2.2%

Shares of LPKFF stock traded up $0.56 during trading on Friday, hitting $25.88. 108,035 shares of the stock traded hands, compared to its average volume of 98,802. The firm’s fifty day moving average price is $21.27 and its 200-day moving average price is $12.56. LPKF Laser & Electronics has a 52-week low of $6.19 and a 52-week high of $33.69.

LPKF Laser & Electronics Company Profile

LPKF Laser & Electronics AG is a Germany‐based technology company specializing in laser‐based solutions for electronics manufacturing and precision material processing. Founded in 1976 and headquartered in Garbsen near Hanover, the company develops and markets laser systems and equipment that enable prototyping, microstructuring and joining applications across a range of industries.

The company’s product portfolio includes laser direct structuring systems for printed circuit board prototyping, laser welding machines for plastics and metals, and laser drilling and cutting systems for microelectronics and sensor components.