Locafy Limited (NASDAQ:LCFYW – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,200 shares, a drop of 33.3% from the August 15th total of 1,800 shares. Based on an average daily trading volume, of 450 shares, the short-interest ratio is currently 2.7 days.
Locafy Stock Up 5.5%
LCFYW stock traded up $0.31 during trading on Thursday, reaching $5.99. The stock had a trading volume of 5,555 shares, compared to its average volume of 1,340. The stock’s 50 day moving average is $4.93 and its two-hundred day moving average is $4.25. Locafy has a 52 week low of $1.01 and a 52 week high of $12.94.
About Locafy
Locafy Inc is a professional services outsourcing firm specializing in nearshore delivery of regulated functions such as legal, finance and accounting. The company connects North American organizations with dedicated teams located in Latin America, offering staff augmentation, project-based support and managed services designed to enhance operational efficiency and compliance.
Headquartered in Los Angeles, California, Locafy operates delivery centers across key Latin American markets to serve clients in the United States and Canada.
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