Longfor Group Holdings Limited (OTCMKTS:LGFRY) Short Interest Update

Longfor Group Holdings Limited (OTCMKTS:LGFRY) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 53,017 shares, an increase of 144.5% from the July 30th total of 21,684 shares. Based on an average daily trading volume, of 70,425 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the company’s shares are short sold.

Longfor Group Stock Up 5.0%

Shares of OTCMKTS LGFRY opened at C$8.90 on Friday. Longfor Group has a twelve month low of C$7.54 and a twelve month high of C$15.49. The stock has a fifty day simple moving average of C$8.30 and a 200-day simple moving average of C$10.06.

Longfor Group Company Profile

Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.

In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.