Longfor Group Holdings Limited (OTCMKTS:LGFRY) Sees Significant Drop in Short Interest

Longfor Group Holdings Limited (OTCMKTS:LGFRY) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 2,000 shares, a decline of 75.9% from the September 15th total of 8,300 shares. Based on an average daily trading volume, of 47,400 shares, the short-interest ratio is currently 0.0 days.

Longfor Group Stock Up 3.2 %

OTCMKTS:LGFRY traded up C$0.54 during mid-day trading on Thursday, reaching C$17.17. 3,991 shares of the company’s stock traded hands, compared to its average volume of 12,547. Longfor Group has a 12-month low of C$9.69 and a 12-month high of C$24.40. The company has a 50 day moving average price of C$12.87 and a 200-day moving average price of C$13.99.

Longfor Group Company Profile

Longfor Group Holdings Limited, an investment holding company, engages in the property development, investment, and management businesses in the People's Republic of China. It operates through three segments: Property Development, Investment Property Operation, and Services and Others. The Property Development segment develops and sells office and commercial premises, and residential properties.