LPKF Laser & Electronics SE (OTCMKTS:LPKFF) Short Interest Up 106.3% in May

LPKF Laser & Electronics SE (OTCMKTS:LPKFF) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 131,236 shares, an increase of 106.3% from the May 14th total of 63,622 shares. Based on an average daily trading volume, of 308,019 shares, the days-to-cover ratio is presently 0.4 days.

LPKF Laser & Electronics Stock Up 2.2%

Shares of LPKFF traded up $0.56 during midday trading on Friday, reaching $25.88. The company had a trading volume of 108,035 shares, compared to its average volume of 98,802. The firm has a 50 day simple moving average of $21.27 and a 200-day simple moving average of $12.56. LPKF Laser & Electronics has a 1-year low of $6.19 and a 1-year high of $33.69.

About LPKF Laser & Electronics

LPKF Laser & Electronics AG is a Germany?based technology company specializing in laser?based solutions for electronics manufacturing and precision material processing. Founded in 1976 and headquartered in Garbsen near Hanover, the company develops and markets laser systems and equipment that enable prototyping, microstructuring and joining applications across a range of industries.

The company’s product portfolio includes laser direct structuring systems for printed circuit board prototyping, laser welding machines for plastics and metals, and laser drilling and cutting systems for microelectronics and sensor components.