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

Longfor Group Holdings Limited (OTCMKTS:LGFRYGet Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 21,684 shares, a decrease of 66.5% from the July 15th total of 64,753 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 107,911 shares, the short-interest ratio is presently 0.2 days.

Longfor Group Price Performance

Shares of OTCMKTS LGFRY opened at C$8.77 on Friday. Longfor Group has a 12-month low of C$7.54 and a 12-month high of C$15.49. The stock’s 50 day simple moving average is C$8.61 and its 200 day simple moving average is C$10.36.

About Longfor Group

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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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