Luk Fook Holdings (OTCMKTS:LKFLF) Short Interest Down 48.9% in December

Luk Fook Holdings (OTCMKTS:LKFLF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 1,272 shares, a decrease of 48.9% from the December 15th total of 2,487 shares. Based on an average trading volume of 738 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 738 shares, the days-to-cover ratio is currently 1.7 days.

Luk Fook Price Performance

Shares of OTCMKTS:LKFLF remained flat at $3.18 during trading on Thursday. Luk Fook has a 12-month low of $2.10 and a 12-month high of $3.65. The firm’s 50-day simple moving average is $3.09 and its two-hundred day simple moving average is $3.05.

About Luk Fook

Luk Fook Jewellery Group Limited (OTCMKTS: LKFLF) is a Hong Kong–based retailer and manufacturer specializing in fine jewelry and related accessories. Established in 1991, the company designs, produces and distributes a broad range of jewelry products, including gold, platinum, diamond and gem-set pieces. Its vertically integrated operations encompass goldsmithing, jewelry design, casting, polishing and quality control, supporting both proprietary brands and private-label offerings.

The company’s product portfolio features traditional and contemporary collections, ranging from wedding bands, engagement rings and necklaces to jadeite bangles, gemstone pendants and pearl earrings.