Short Interest in Luk Fook Holdings (OTCMKTS:LKFLF) Declines By 94.1%

Luk Fook Holdings (OTCMKTS:LKFLF) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 2,487 shares, a decrease of 94.1% from the November 30th total of 42,272 shares. Based on an average daily trading volume, of 490 shares, the short-interest ratio is presently 5.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 490 shares, the short-interest ratio is presently 5.1 days.

Luk Fook Stock Performance

LKFLF traded down $0.20 during trading on Wednesday, reaching $3.17. 3,058 shares of the company’s stock were exchanged, compared to its average volume of 288. The company’s fifty day moving average price is $3.19 and its 200-day moving average price is $2.99. Luk Fook has a fifty-two week low of $2.10 and a fifty-two week high of $3.65. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.14 and a quick ratio of 0.66.

Luk Fook Company Profile

Luk Fook Jewellery Group Limited (OTCMKTS: LKFLF) is a Hong Kong–based retailer and manufacturer specializing in fine jewelry and related accessories. Established in 1991, the company designs, produces and distributes a broad range of jewelry products, including gold, platinum, diamond and gem-set pieces. Its vertically integrated operations encompass goldsmithing, jewelry design, casting, polishing and quality control, supporting both proprietary brands and private-label offerings.

The company’s product portfolio features traditional and contemporary collections, ranging from wedding bands, engagement rings and necklaces to jadeite bangles, gemstone pendants and pearl earrings.