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

Leon’s Furniture Limited (OTCMKTS:LEFUF) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 19,000 shares, a decrease of 13.6% from the January 31st total of 22,000 shares. Based on an average daily volume of 5,700 shares, the days-to-cover ratio is currently 3.3 days.

Leon’s Furniture Stock Performance

Shares of OTCMKTS LEFUF traded up $0.26 during trading hours on Thursday, reaching $16.85. 3,420 shares of the stock traded hands, compared to its average volume of 2,668. The company’s 50-day simple moving average is $17.61 and its two-hundred day simple moving average is $19.37. Leon’s Furniture has a 52-week low of $14.91 and a 52-week high of $22.66.

Leon’s Furniture Company Profile

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.