Short Interest in Longfor Group Holdings Limited (OTCMKTS:LGFRY) Declines By 22.2%

by · The Cerbat Gem

Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 700 shares, a decline of 22.2% from the March 15th total of 900 shares. Based on an average daily volume of 11,200 shares, the short-interest ratio is presently 0.1 days.

Longfor Group Stock Up 4.5 %

Shares of OTCMKTS LGFRY traded up C$0.57 during midday trading on Friday, reaching C$13.40. The company’s stock had a trading volume of 3,027 shares, compared to its average volume of 14,552. Longfor Group has a fifty-two week low of C$9.69 and a fifty-two week high of C$24.40. The business’s 50 day moving average price is C$13.23 and its two-hundred day moving average price is C$14.03.

Longfor Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, April 23rd. Investors of record on Tuesday, February 25th will be given a $0.3034 dividend. The ex-dividend date is Tuesday, February 25th. This is a boost from Longfor Group’s previous dividend of $0.28.

About Longfor Group

(Get Free Report)

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.

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