Longfor Group Holdings Limited (OTCMKTS:LGFRY – Get Free Report) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 6,700 shares, a growth of 116.1% from the February 13th total of 3,100 shares. Based on an average daily trading volume, of 24,500 shares, the short-interest ratio is presently 0.3 days.
Longfor Group Price Performance
Shares of OTCMKTS LGFRY opened at C$14.33 on Friday. Longfor Group has a 52-week low of C$9.69 and a 52-week high of C$24.40. The firm has a fifty day moving average of C$13.04 and a 200-day moving average of C$13.95.
Longfor Group Increases Dividend
The company also recently declared a dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Tuesday, February 25th will be issued a dividend of $0.3034 per share. The ex-dividend date is Tuesday, February 25th. This is an increase from Longfor Group’s previous dividend of $0.28.
Longfor Group Company Profile
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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