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

Longfor Group Holdings Limited (OTCMKTS:LGFRY) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 25,544 shares, a decline of 53.7% from the May 14th total of 55,118 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 110,703 shares, the short-interest ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Longfor Group to a “hold” rating in a research report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Longfor Group Trading Up 1.5%

OTCMKTS LGFRY traded up C$0.16 on Friday, reaching C$11.15. 24,037 shares of the company’s stock traded hands, compared to its average volume of 56,069. The stock has a 50 day moving average price of C$10.52 and a 200-day moving average price of C$11.48. Longfor Group has a fifty-two week low of C$9.40 and a fifty-two week high of C$15.49.

Longfor Group Company Profile

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.