Short Interest in Luk Fook Holdings (OTCMKTS:LKFLF) Drops By 62.8%

Key Points

• Short interest in Luk Fook Holdings decreased by 62.8% in July, dropping to 25,800 shares from 69,300 shares.
• The current short-interest ratio stands at 129.0 days, based on an average daily trading volume of 200 shares.
• Luk Fook's stock price remains stable at $3.27, with its 12-month range between $2.10 and $3.27.

Luk Fook Holdings (OTCMKTS:LKFLF - Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 25,800 shares, adecreaseof62.8% from the July 15th total of 69,300 shares. Currently,0.0% of the company's shares are sold short. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 129.0 days. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 129.0 days. Currently,0.0% of the company's shares are sold short.

Luk Fook Stock Performance

Shares of OTCMKTS:LKFLF remained flat at $3.27 during trading on Thursday. Luk Fook has a 12 month low of $2.10 and a 12 month high of $3.27. The firm has a 50-day moving average price of $2.64 and a 200 day moving average price of $2.33.

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.