Luokung Technology Corp. (NASDAQ:LKCO – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totalling 33,500 shares, a decrease of 88.3% from the August 31st total of 286,300 shares. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is presently 2.3 days. Approximately 1.8% of the shares of the stock are short sold.
Luokung Technology Trading Down 12.6 %
Shares of Luokung Technology stock traded down $0.34 during mid-day trading on Wednesday, reaching $2.36. 50,551 shares of the stock were exchanged, compared to its average volume of 12,788. Luokung Technology has a fifty-two week low of $2.36 and a fifty-two week high of $8.00. The firm has a 50-day simple moving average of $0.89 and a 200 day simple moving average of $0.74.
Luokung Technology Company Profile
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