LPKF Laser & Electronics SE (OTCMKTS:LPKFF) Sees Large Drop in Short Interest

LPKF Laser & Electronics SE (OTCMKTS:LPKFFGet Free Report) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 8,872 shares, a decline of 91.3% from the June 30th total of 101,712 shares. Based on an average trading volume of 115,036 shares, the days-to-cover ratio is currently 0.1 days.

LPKF Laser & Electronics Stock Performance

OTCMKTS LPKFF traded up $0.38 during trading hours on Friday, hitting $15.70. 53,495 shares of the company traded hands, compared to its average volume of 93,526. The business’s 50-day moving average is $23.95 and its 200-day moving average is $15.82. LPKF Laser & Electronics has a twelve month low of $6.19 and a twelve month high of $33.69.

LPKF Laser & Electronics Company Profile

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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.

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