Luk Fook Holdings (OTCMKTS:LKFLF) Sees Significant Growth in Short Interest

Luk Fook Holdings (OTCMKTS:LKFLF) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 6,000 shares, a growth of ? from the June 30th total of 0 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ? days. Approximately 0.0% of the company’s stock are short sold.

Luk Fook Stock Performance

Shares of OTCMKTS LKFLF remained flat at $3.00 during mid-day trading on Wednesday. The company has a current ratio of 2.67, a quick ratio of 0.50 and a debt-to-equity ratio of 0.02. The firm has a 50-day simple moving average of $2.90 and a 200 day simple moving average of $3.24. Luk Fook has a 12-month low of $2.50 and a 12-month high of $4.25.

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.