Longfor Group Holdings Limited (OTCMKTS:LGFRY) Short Interest Update

Longfor Group Holdings Limited (OTCMKTS:LGFRY) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 4,289 shares, a decline of 75.0% from the June 15th total of 17,126 shares. Based on an average daily trading volume, of 200,200 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Longfor Group Stock Up 2.0%

Shares of LGFRY stock opened at C$7.91 on Tuesday. The stock’s fifty day simple moving average is C$9.71 and its 200 day simple moving average is C$10.90. Longfor Group has a one year low of C$7.54 and a one year high of C$15.49.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Longfor Group to a “hold” rating in a report on Wednesday, April 15th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

About Longfor Group

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.