Short Interest in LPKF Laser & Electronics SE (OTCMKTS:LPKFF) Increases By 151.8%

LPKF Laser & Electronics SE (OTCMKTS:LPKFF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 19,122 shares, a growth of 151.8% from the August 15th total of 7,593 shares. Based on an average daily trading volume, of 56,252 shares, the short-interest ratio is presently 0.3 days.

LPKF Laser & Electronics Stock Performance

Shares of OTCMKTS LPKFF traded down $1.14 during mid-day trading on Monday, reaching $13.67. 4,820 shares of the company were exchanged, compared to its average volume of 76,457. LPKF Laser & Electronics has a 52 week low of $6.19 and a 52 week high of $33.69. The company’s 50 day moving average price is $16.93 and its 200 day moving average price is $17.79.

LPKF Laser & Electronics Company Profile

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.