Luckin Coffee Inc. (OTCMKTS:LKNCY) Short Interest Update

Luckin Coffee Inc. (OTCMKTS:LKNCY) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 6,096,800 shares, a drop of 12.4% from the December 31st total of 6,958,700 shares. Based on an average trading volume of 2,579,900 shares, the short-interest ratio is presently 2.4 days.

Luckin Coffee Trading Down 1.6 %

OTCMKTS LKNCY opened at $28.05 on Monday. Luckin Coffee has a 12 month low of $17.28 and a 12 month high of $28.99. The stock has a market cap of $7.85 billion, a price-to-earnings ratio of 25.73 and a beta of -0.71. The company’s 50 day moving average is $24.86 and its two-hundred day moving average is $23.11.

About Luckin Coffee

Luckin Coffee Inc offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China. It offers hot and iced freshly brewed coffee, such as Americano, Latte, Cappuccino, Macchiato, Flat White, and Mocha, as well as specialty coffee based on market and seasonal trends; coconut milk latte products; tea drinks; pre-made beverages; and pre-made food items, such as pastries, sandwiches, and snacks.