Locafy Limited (NASDAQ:LCFYW – Get Free Report) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1,200 shares, a decrease of 33.3% from the August 15th total of 1,800 shares. Based on an average daily volume of 450 shares, the short-interest ratio is presently 2.7 days.
Locafy Stock Up 5.5%
Shares of LCFYW stock traded up $0.31 on Thursday, hitting $5.99. 5,555 shares of the stock traded hands, compared to its average volume of 1,340. Locafy has a 52 week low of $1.01 and a 52 week high of $12.94. The firm has a 50 day simple moving average of $4.93 and a two-hundred day simple moving average of $4.25.
Locafy Company Profile
Locafy Inc is a professional services outsourcing firm specializing in nearshore delivery of regulated functions such as legal, finance and accounting. The company connects North American organizations with dedicated teams located in Latin America, offering staff augmentation, project-based support and managed services designed to enhance operational efficiency and compliance.
Headquartered in Los Angeles, California, Locafy operates delivery centers across key Latin American markets to serve clients in the United States and Canada.
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