Locafy Limited (NASDAQ:LCFY – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 796 shares, a decline of 70.7% from the September 15th total of 2,713 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 7,117 shares, the days-to-cover ratio is currently 0.1 days.
Locafy Stock Performance
NASDAQ:LCFY opened at $1.42 on Wednesday. The firm’s fifty day simple moving average is $2.37 and its 200 day simple moving average is $3.27. Locafy has a twelve month low of $1.33 and a twelve month high of $6.20.
About Locafy
Locafy Limited is an Australian technology company that develops software for local search marketing. Its platform is designed to help businesses improve their visibility in online search results, particularly for location-based queries made by nearby customers.
The company’s solutions support the creation, optimization and distribution of localized web pages and digital content. These tools are intended for local businesses, marketing agencies and other organizations seeking to promote products and services across multiple geographic locations while managing local search campaigns more efficiently.
Locafy has focused on serving customers in markets including Australia, the United States and the United Kingdom.
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