Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 21,684 shares, a drop of 66.5% from the July 15th total of 64,753 shares. Based on an average daily volume of 107,911 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.
Longfor Group Stock Up 5.8%
Longfor Group stock traded up C$0.48 during midday trading on Friday, hitting C$8.79. 40,617 shares of the stock were exchanged, compared to its average volume of 62,729. Longfor Group has a 52-week low of C$7.54 and a 52-week high of C$15.49. The business’s 50-day moving average price is C$8.63 and its 200-day moving average price is C$10.37.
About Longfor Group
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.
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