Locafy Limited (NASDAQ:LCFYW – Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,200 shares, a decrease of 33.3% from the August 15th total of 1,800 shares. Based on an average trading volume of 450 shares, the days-to-cover ratio is presently 2.7 days.
Locafy Trading Down 11.4%
NASDAQ:LCFYW traded down $0.65 during midday trading on Friday, reaching $5.03. The company had a trading volume of 5,555 shares, compared to its average volume of 1,340. Locafy has a 12-month low of $1.01 and a 12-month high of $12.94. The stock’s fifty day simple moving average is $4.83 and its 200-day simple moving average is $4.27.
About Locafy
Locafy Inc is a professional services outsourcing firm specializing in nearshore delivery of regulated functions such as legal, finance and accounting. The company connects North American organizations with dedicated teams located in Latin America, offering staff augmentation, project-based support and managed services designed to enhance operational efficiency and compliance.
Headquartered in Los Angeles, California, Locafy operates delivery centers across key Latin American markets to serve clients in the United States and Canada.
Read More
- Five stocks we like better than Locafy
- These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons
- Braze Beat Expectations—Now 2 SaaS Peers Are in Focus
- 3 Zero-Fee ETFs Worth More Than Their Cost
- 3 Nimble Free Cash Flow Names With Light Assets
Receive News & Ratings for Locafy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Locafy and related companies with MarketBeat.com's FREE daily email newsletter.
