Short Interest in Luk Fook Holdings (OTCMKTS:LKFLF) Drops By 98.6%

Luk Fook Holdings (OTCMKTS:LKFLF) saw a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 100 shares, a decrease of 98.6% from the February 12th total of 7,100 shares. Based on an average trading volume of 303 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 303 shares, the days-to-cover ratio is presently 0.3 days.

Luk Fook Price Performance

LKFLF opened at $3.38 on Thursday. The company’s 50 day simple moving average is $3.77 and its 200 day simple moving average is $3.40. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.13 and a quick ratio of 0.45. Luk Fook has a 1 year low of $2.10 and a 1 year high of $4.25.

Luk Fook Company Profile

Luk Fook Jewellery Group Limited (OTCMKTS: LKFLF) is a Hong Kong–based retailer and manufacturer specializing in fine jewelry and related accessories. Established in 1991, the company designs, produces and distributes a broad range of jewelry products, including gold, platinum, diamond and gem-set pieces. Its vertically integrated operations encompass goldsmithing, jewelry design, casting, polishing and quality control, supporting both proprietary brands and private-label offerings.

The company’s product portfolio features traditional and contemporary collections, ranging from wedding bands, engagement rings and necklaces to jadeite bangles, gemstone pendants and pearl earrings.