Luokung Technology Corp. (NASDAQ:LKCO) Short Interest Down 21.0% in November

Luokung Technology Corp. (NASDAQ:LKCO) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 48,800 shares, a decrease of 21.0% from the October 31st total of 61,800 shares. Approximately 2.6% of the shares of the company are short sold. Based on an average daily volume of 51,400 shares, the short-interest ratio is currently 0.9 days.

Luokung Technology Stock Up 2.2 %

LKCO stock traded up $0.04 during trading on Friday, reaching $1.70. 9,826 shares of the stock were exchanged, compared to its average volume of 18,377. Luokung Technology has a twelve month low of $1.57 and a twelve month high of $8.00. The stock has a 50 day simple moving average of $2.05 and a 200-day simple moving average of $4.14.

Luokung Technology Company Profile

Luokung Technology Corp., together with its subsidiaries, engages in the provision of location-based services and mobile application products for long distance rail travelers in the People’s Republic of China. It offers Luokuang mobile application, which provides business to customer (B2C) location-based services; and SuperEngine that offers business to business (B2B) and business to government (B2G) services in connection with spatial-temporal big data processing.