Short Interest in Longfor Group Holdings Limited (OTCMKTS:LGFRY) Drops By 59.6%

Longfor Group Holdings Limited (OTCMKTS:LGFRY) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 12,000 shares, a decrease of 59.6% from the October 31st total of 29,700 shares. Based on an average trading volume of 55,700 shares, the days-to-cover ratio is currently 0.2 days.

Longfor Group Trading Up 3.6 %

LGFRY stock traded up C$0.50 during mid-day trading on Friday, hitting C$14.29. 11,611 shares of the stock were exchanged, compared to its average volume of 14,510. The business has a fifty day moving average price of C$16.32 and a 200 day moving average price of C$14.53. Longfor Group has a 12 month low of C$9.69 and a 12 month high of C$24.40.

About Longfor Group

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.