Short Interest in Longfor Group Holdings Limited (OTCMKTS:LGFRY) Decreases By 66.5%

Longfor Group Holdings Limited (OTCMKTS:LGFRY) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 21,684 shares, a decrease of 66.5% from the July 15th total of 64,753 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 107,911 shares, the days-to-cover ratio is presently 0.2 days.

Longfor Group Trading Up 5.5%

OTCMKTS:LGFRY traded up C$0.46 during mid-day trading on Friday, hitting C$8.77. The stock had a trading volume of 42,277 shares, compared to its average volume of 47,187. Longfor Group has a twelve month low of C$7.54 and a twelve month high of C$15.49. The company’s 50 day simple moving average is C$8.61 and its 200 day simple moving average is C$10.36.

Longfor Group Company Profile

Longfor Group Holdings Limited (OTCMKTS: LGFRY) is a leading integrated real estate developer based in Beijing, China. Established in 1995, the company focuses on property development, property investment and property management. Its core business activities include the design, construction and sale of residential communities, as well as the development of commercial retail properties, office buildings and serviced apartments.

In addition to traditional real estate development, Longfor Group has diversified into the operation and management of urban complexes that combine shopping malls, hotels, offices and cultural facilities.