Short Interest in Luk Fook Holdings (International) Limited (OTCMKTS:LKFLF) Increases By 169.9%

Luk Fook Holdings (International) Limited (OTCMKTS:LKFLF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 186,200 shares, a growth of 169.9% from the November 30th total of 69,000 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is currently 64.2 days.

Luk Fook Holdings (International) Stock Performance

LKFLF stock remained flat at $1.68 during trading hours on Friday. The firm’s fifty day moving average is $1.88 and its 200-day moving average is $1.93. Luk Fook Holdings has a 12-month low of $1.37 and a 12-month high of $2.89.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Luk Fook Holdings (International) to a “hold” rating in a research report on Monday, October 7th.

About Luk Fook Holdings (International)

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.