Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 53,017 shares, a growth of 144.5% from the July 30th total of 21,684 shares. Based on an average trading volume of 70,425 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the company’s stock are sold short.
Longfor Group Trading Up 5.0%
OTCMKTS:LGFRY opened at C$8.90 on Friday. The stock has a fifty day moving average price of C$8.30 and a 200 day moving average price of C$10.06. Longfor Group has a 12-month low of C$7.54 and a 12-month 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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