Luckin Coffee Inc. (OTCMKTS:LKNCY) Short Interest Update

Luckin Coffee Inc. (OTCMKTS:LKNCY) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 6,096,800 shares, a drop of 12.4% from the December 31st total of 6,958,700 shares. Based on an average daily trading volume, of 2,579,900 shares, the short-interest ratio is presently 2.4 days.

Luckin Coffee Stock Performance

Shares of LKNCY opened at $28.05 on Monday. The company’s fifty day moving average is $24.86 and its 200 day moving average is $23.11. Luckin Coffee has a fifty-two week low of $17.28 and a fifty-two week high of $28.99. The stock has a market capitalization of $7.85 billion, a PE ratio of 25.73 and a beta of -0.71.

Luckin Coffee Company Profile

Luckin Coffee Inc offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China. It offers hot and iced freshly brewed coffee, such as Americano, Latte, Cappuccino, Macchiato, Flat White, and Mocha, as well as specialty coffee based on market and seasonal trends; coconut milk latte products; tea drinks; pre-made beverages; and pre-made food items, such as pastries, sandwiches, and snacks.