LPKF Laser & Electronics SE (OTCMKTS:LPKFF) Short Interest Down 72.5% in May

LPKF Laser & Electronics SE (OTCMKTS:LPKFF) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 63,622 shares, a drop of 72.5% from the April 30th total of 231,736 shares. Based on an average trading volume of 397,951 shares, the days-to-cover ratio is presently 0.2 days.

LPKF Laser & Electronics Stock Down 9.2%

OTCMKTS LPKFF traded down $2.57 during mid-day trading on Friday, reaching $25.28. 165,264 shares of the stock were exchanged, compared to its average volume of 98,765. LPKF Laser & Electronics has a 1-year low of $6.19 and a 1-year high of $33.69. The business’s fifty day simple moving average is $17.83 and its 200 day simple moving average is $11.42.

About LPKF Laser & Electronics

LPKF Laser & Electronics AG is a Germany?based technology company specializing in laser?based solutions for electronics manufacturing and precision material processing. Founded in 1976 and headquartered in Garbsen near Hanover, the company develops and markets laser systems and equipment that enable prototyping, microstructuring and joining applications across a range of industries.

The company’s product portfolio includes laser direct structuring systems for printed circuit board prototyping, laser welding machines for plastics and metals, and laser drilling and cutting systems for microelectronics and sensor components.