LPKF Laser & Electronics SE (OTCMKTS:LPKFF) Sees Significant Decrease in Short Interest

LPKF Laser & Electronics SE (OTCMKTS:LPKFFGet Free Report) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 63,622 shares, a drop of 72.5% from the April 30th total of 231,736 shares. Based on an average daily trading volume, of 397,951 shares, the days-to-cover ratio is presently 0.2 days.

LPKF Laser & Electronics Stock Down 4.7%

Shares of LPKFF stock opened at $27.85 on Friday. The company has a 50-day moving average of $17.47 and a two-hundred day moving average of $11.32. LPKF Laser & Electronics has a 1-year low of $6.19 and a 1-year high of $33.69.

About LPKF Laser & Electronics

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LPKF Laser & Electronics AG is a Germany‐based technology company specializing in laser‐based solutions for electronics manufacturing and precision material processing. Founded in 1976 and headquartered in Garbsen near Hanover, the company develops and markets laser systems and equipment that enable prototyping, microstructuring and joining applications across a range of industries.

The company’s product portfolio includes laser direct structuring systems for printed circuit board prototyping, laser welding machines for plastics and metals, and laser drilling and cutting systems for microelectronics and sensor components.

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