Longfor Group Holdings Limited (OTCMKTS:LGFRY) Sees Significant Growth in Short Interest

Longfor Group Holdings Limited (OTCMKTS:LGFRY) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 31,600 shares, an increase of 163.3% from the November 15th total of 12,000 shares. Based on an average trading volume of 44,500 shares, the short-interest ratio is presently 0.7 days.

Longfor Group Trading Down 6.3 %

Shares of OTCMKTS:LGFRY opened at C$13.63 on Friday. The company’s 50-day moving average price is C$15.70 and its 200 day moving average price is C$14.28. Longfor Group has a fifty-two week low of C$9.69 and a fifty-two week high of C$24.40.

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.