Leon’s Furniture Limited (OTCMKTS:LEFUF) Sees Large Increase in Short Interest

Leon’s Furniture Limited (OTCMKTS:LEFUF) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 28,700 shares, an increase of 10.0% from the September 15th total of 26,100 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is presently 6.5 days.

Leon’s Furniture Trading Up 2.1 %

Shares of OTCMKTS LEFUF opened at $20.76 on Wednesday. The company’s 50-day simple moving average is $21.28 and its 200-day simple moving average is $18.26. Leon’s Furniture has a 52-week low of $11.99 and a 52-week high of $22.66.

About Leon’s Furniture

Leon’s Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. It operates in two segments, Leon’s and The Brick. The company provides repair services for household furniture, electronics, and appliances; home office products; warranties; and credit insurance products, including life, dismemberment, disability, critical illness, and involuntary unemployment.