Luk Fook Holdings (OTCMKTS:LKFLF) Stock Short Interest Drops 91.7%

Luk Fook Holdings (OTCMKTS:LKFLF) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,000 shares, a decline of 91.7% from the August 31st total of 12,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days. Currently, 0.0% of the company’s shares are short sold.

Luk Fook Stock Performance

Shares of Luk Fook stock opened at $3.00 on Friday. Luk Fook has a twelve month low of $2.50 and a twelve month high of $4.25. The company’s fifty day moving average is $3.00 and its 200 day moving average is $2.98. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.67 and a quick ratio of 0.50.

Luk Fook Company Profile

Luk Fook Holdings (International) Limited is a Hong Kong-based jewelry retailer and manufacturer operating under the Lukfook Jewellery brand. The company sells gold and platinum jewelry, diamond and other gem-set jewelry, jade, watches, and a range of fashion and gift products. Its offerings include traditional jewelry as well as contemporary designs and three-dimensional hard-gold products.

Founded in 1991, Luk Fook has developed an integrated business that includes jewelry design, sourcing, production, retailing, franchising, and licensing.