Short Interest in Luk Fook Holdings (OTCMKTS:LKFLF) Drops By 94.1%

Luk Fook Holdings (OTCMKTS:LKFLF) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 2,487 shares, a decrease of 94.1% from the November 30th total of 42,272 shares. Based on an average daily volume of 490 shares, the short-interest ratio is currently 5.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 490 shares, the short-interest ratio is currently 5.1 days.

Luk Fook Stock Performance

Shares of OTCMKTS LKFLF traded down $0.20 during midday trading on Thursday, hitting $3.17. The stock had a trading volume of 3,058 shares, compared to its average volume of 288. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 3.14. The stock has a 50 day simple moving average of $3.19 and a 200-day simple moving average of $2.99. Luk Fook has a 1 year low of $2.10 and a 1 year high of $3.65.

Luk Fook Company Profile

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.