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

Longfor Group Holdings Limited (OTCMKTS:LGFRY) was the target of a significant increase in short interest in 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 days-to-cover ratio is currently 0.7 days.

Longfor Group Stock Performance

Shares of LGFRY stock opened at C$13.63 on Friday. Longfor Group has a 1 year low of C$9.69 and a 1 year high of C$24.40. The business has a fifty day moving average of C$15.70 and a 200 day moving average of C$14.28.

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.