Longfor Group Holdings Limited (OTCMKTS:LGFRY) Short Interest Down 38.0% in February

Longfor Group Holdings Limited (OTCMKTS:LGFRY) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 3,100 shares, a decrease of 38.0% from the January 31st total of 5,000 shares. Based on an average daily volume of 31,700 shares, the short-interest ratio is currently 0.1 days.

Longfor Group Trading Down 6.8 %

Shares of OTCMKTS LGFRY traded down C$1.01 during mid-day trading on Friday, reaching C$13.88. The company had a trading volume of 11,226 shares, compared to its average volume of 19,103. Longfor Group has a 52 week low of C$9.69 and a 52 week high of C$24.40. The business’s 50-day moving average is C$12.83 and its 200-day moving average is C$13.77.

Longfor Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Tuesday, February 25th will be issued a dividend of $0.3034 per share. This is a boost from Longfor Group’s previous dividend of $0.28. The ex-dividend date of this dividend is Tuesday, February 25th.

About Longfor Group

Longfor Group Holdings Limited, an investment holding company, engages in the property development, investment, and management businesses in the People's Republic of China. It operates through three segments: Property Development, Investment Property Operation, and Services and Others. The Property Development segment develops and sells office and commercial premises, and residential properties.