Luk Fook Holdings (OTCMKTS:LKFLF) Short Interest Up 572.8% in July

Key Points

• Luk Fook Holdings experienced a significant increase in short interest, rising by 572.8% in July, bringing the total to 69,300 shares as of July 15th.
• The current short-interest ratio is 28.9 days, based on an average trading volume of 2,400 shares.
• Luk Fook's stock opened at $2.70 with a 12-month high of $2.85 and a low of $2.10.

Luk Fook Holdings (OTCMKTS:LKFLF - Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 69,300 shares, agrowthof572.8% from the June 30th total of 10,300 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 28.9 days. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is currently 28.9 days.

Luk Fook Stock Performance

Shares of OTCMKTS:LKFLF remained flat at $2.70 on Monday. Luk Fook has a fifty-two week low of $2.10 and a fifty-two week high of $2.85. The firm's 50-day simple moving average is $2.49 and its 200 day simple moving average is $2.24.

About Luk Fook

Luk Fook Holdings (International) Limited, an investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products. It offers ring and pair rings, necklaces, pendants, earrings, bangles and bracelets, charms, figurines, accessories, and other products of various materials comprising diamond, gold, platinum, jadeite, gemstone, pearl, and silver materials.