Leon’s Furniture Limited (OTCMKTS:LEFUF) Sees Significant Decrease in Short Interest

Leon’s Furniture Limited (OTCMKTS:LEFUFGet Rating) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totalling 8,300 shares, a decline of 55.6% from the April 30th total of 18,700 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 4.6 days.

Shares of LEFUF stock opened at $13.28 on Friday. Leon’s Furniture has a 12 month low of $12.58 and a 12 month high of $21.51. The stock has a 50-day moving average price of $15.71 and a 200 day moving average price of $17.84.

Separately, BMO Capital Markets decreased their price objective on Leon’s Furniture from C$28.00 to C$20.00 in a research report on Monday, May 16th.

About Leon’s Furniture (Get Rating)

Leon's Furniture Limited, together with its subsidiaries, operates as a retailer of home furnishings, mattresses, appliances, and electronics in Canada. The company also operates as a commercial retailer of appliances to builders, developers, renovators, hotels, and property management companies.

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