Luk Fook Holdings (OTCMKTS:LKFLF) Sees Significant Increase in Short Interest

Key Points

• Luk Fook Holdings experienced a **significant increase** in short interest, rising by **4,750.0%** from 400 to 19,400 shares as of September 30th.
• The stock recently traded at **$3.05** with a years' trading range between **$2.10** and **$3.52**.
• Luk Fook Holdings has a solid **current ratio of 3.14** and a minimal **debt-to-equity ratio of 0.02**, indicating a healthy financial position.

Luk Fook Holdings (OTCMKTS:LKFLF - ) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 19,400 shares, an increase of 4,750.0% from the September 15th total of 400 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 17.6 days. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 17.6 days.

Luk Fook Stock Performance

OTCMKTS LKFLF traded up $0.30 during trading on Thursday, hitting $3.05. 1,000 shares of the company's stock were exchanged, compared to its average volume of 2,630. The company has a quick ratio of 0.66, a current ratio of 3.14 and a debt-to-equity ratio of 0.02. Luk Fook has a fifty-two week low of $2.10 and a fifty-two week high of $3.52. The stock's 50 day moving average price is $3.18 and its two-hundred day moving average price is $2.64.

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.

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