Short Interest in Longfor Group Holdings Limited (OTCMKTS:LGFRY) Increases By 410.0%

Longfor Group Holdings Limited (OTCMKTS:LGFRY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 10,200 shares, a growth of 410.0% from the September 30th total of 2,000 shares. Based on an average daily trading volume, of 35,700 shares, the short-interest ratio is currently 0.3 days.

Longfor Group Stock Performance

Shares of OTCMKTS LGFRY traded down C$0.04 during midday trading on Friday, reaching C$15.64. 33,709 shares of the company were exchanged, compared to its average volume of 13,006. Longfor Group has a one year low of C$9.69 and a one year high of C$24.40. The stock’s 50-day moving average price is C$13.82 and its 200-day moving average price is C$14.19.

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.