Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) Short Interest Up 50.0% in May

Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWYGet Rating) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 1,500 shares, a growth of 50.0% from the May 15th total of 1,000 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is presently 0.6 days.

Separately, Jefferies Financial Group upgraded Chow Tai Fook Jewellery Group from a “hold” rating to a “buy” rating in a research note on Wednesday, March 16th.

Shares of Chow Tai Fook Jewellery Group stock opened at $17.02 on Tuesday. Chow Tai Fook Jewellery Group has a 12-month low of $15.40 and a 12-month high of $23.47. The company has a current ratio of 1.62, a quick ratio of 0.34 and a debt-to-equity ratio of 0.03. The business’s 50 day moving average is $16.62 and its 200-day moving average is $17.75.

About Chow Tai Fook Jewellery Group (Get Rating)

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products. The company offers gem-set, platinum and k-gold jewelry, and gold jewelry and products under the CHOW TAI FOOK, HEARTS ON FIRE, T MARK, ENZO, MONOLOGUE, and SOINLOVE brands. It also distributes watches of various brands.

Read More

Receive News & Ratings for Chow Tai Fook Jewellery Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chow Tai Fook Jewellery Group and related companies with MarketBeat.com's FREE daily email newsletter.