Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) Sees Significant Decline in Short Interest

Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decline of 75.0% from the October 15th total of 400 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 0.1 days.

Chow Tai Fook Jewellery Group Price Performance

Chow Tai Fook Jewellery Group stock remained flat at $9.87 during midday trading on Wednesday. Chow Tai Fook Jewellery Group has a fifty-two week low of $7.76 and a fifty-two week high of $15.89. The business has a fifty day simple moving average of $9.19 and a two-hundred day simple moving average of $10.42. The company has a current ratio of 1.38, a quick ratio of 0.25 and a debt-to-equity ratio of 0.12.

About Chow Tai Fook Jewellery Group

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products in Mainland China, Hong Kong, Macau, Taiwan, Cambodia, Canada, Korea, Japan, Malaysia, the Philippines, Singapore, Thailand, the United States, and Vietnam. The company offers gem-set, platinum and k-gold jewelry, and gold jewelry and products under the CHOW TAI FOOK, HEARTS ON FIRE, ENZO, MONOLOGUE, and SOINLOVE brands.