Lifestyle Communities Limited (OTCMKTS:LCOMF) Sees Significant Drop in Short Interest

Lifestyle Communities Limited (OTCMKTS:LCOMF) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 413,700 shares, a decrease of 15.7% from the February 29th total of 491,000 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 1,379.0 days.

Lifestyle Communities Trading Up 4.7 %

Shares of LCOMF stock opened at C$12.15 on Monday. The firm has a 50-day moving average of C$11.99 and a 200-day moving average of C$10.71. Lifestyle Communities has a one year low of C$11.60 and a one year high of C$12.15.

Lifestyle Communities Company Profile

Lifestyle Communities Limited, together with its subsidiaries, provides housing for its homeowners in community in Australia. The company operates communities, including 21 in operation and 9 in planning or development. It serves working, semi-retired, and retired people. The company was formerly known as Namberry Limited and changed its name to Lifestyle Communities Limited in June 2007.