Luk Fook Holdings (OTCMKTS:LKFLF) Short Interest Down 99.6% in August

Key Points

• Luk Fook Holdings experienced a significant reduction in short interest, dropping to just 100 shares by August 15th, a 99.6% decrease from the previous total of 25,800 shares.
• The short-interest ratio is currently at 0.1 days based on an average daily trading volume of 1,000 shares.
• Luk Fook's stock price remained flat at $3.27, with a 1-year low of $2.10 and a 1-year high matching the current price.

Luk Fook Holdings (OTCMKTS:LKFLF - Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 15th, there was short interest totaling 100 shares, adeclineof99.6% from the July 31st total of 25,800 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 1,000 shares, the short-interest ratio is currently 0.1 days.

Luk Fook Stock Performance

Shares of LKFLF stock remained flat at $3.28 during trading hours on Friday. Luk Fook has a 12-month low of $2.10 and a 12-month high of $3.28. The company's 50-day moving average price is $2.84 and its two-hundred day moving average price is $2.42.

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.