Leon’s Furniture Limited (OTCMKTS:LEFUF) Short Interest Update

Leon’s Furniture Limited (OTCMKTS:LEFUF) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 184,400 shares, an increase of 406.6% from the August 15th total of 36,400 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is presently 115.3 days. Based on an average trading volume of 1,600 shares, the short-interest ratio is presently 115.3 days.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LEFUF. Royal Bank Of Canada restated an “outperform” rating on shares of Leon’s Furniture in a research report on Monday, August 11th. National Bankshares restated an “outperform” rating on shares of Leon’s Furniture in a research report on Friday, August 8th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Leon’s Furniture in a research report on Friday, August 8th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Leon’s Furniture Trading Down 0.3%

Shares of OTCMKTS LEFUF opened at $20.72 on Friday. Leon’s Furniture has a 12 month low of $14.72 and a 12 month high of $22.47. The company has a 50-day simple moving average of $20.77 and a 200-day simple moving average of $18.89.

About Leon’s Furniture

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.