Longfor Group Holdings Limited (OTCMKTS:LGFRY) Stock Short Interest Report for October

Longfor Group Holdings Limited (OTCMKTS:LGFRY) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 111,771 shares, a growth of 344.2% from the September 30th total of 25,160 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 350,703 shares, the days-to-cover ratio is currently 0.3 days.

Longfor Group Price Performance

Shares of OTCMKTS:LGFRY opened at C$5.87 on Wednesday. The firm has a 50 day simple moving average of C$7.20 and a 200 day simple moving average of C$9.67. Longfor Group has a one year low of C$5.82 and a one year high of C$13.78.

About Longfor Group

Longfor Group Holdings Limited is a China-based real estate company engaged in property development, commercial investment and operations, rental housing, and related property management services. Its activities include the development of residential communities, shopping centers, office properties, and other urban mixed-use projects.

The company operates primarily in major cities and metropolitan areas across mainland China. Through its commercial properties, Longfor manages and operates retail and lifestyle destinations, while its rental-housing business provides professionally managed apartments for urban residents.

Longfor was founded in 1993 by Wu Yajun and has expanded from a regional residential developer into a diversified urban-development group.