Lonking Holdings Ltd. (OTCMKTS:LONKF – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 241,000 shares, an increase of 145.4% from the July 15th total of 98,210 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Lonking Stock Performance
Shares of OTCMKTS:LONKF remained flat at $0.36 during midday trading on Friday. Lonking has a twelve month low of $0.33 and a twelve month high of $0.38. The firm has a 50-day simple moving average of $0.36 and a 200-day simple moving average of $0.36.
About Lonking
Lonking Holdings Limited is a China-based manufacturer and distributor of construction machinery and equipment. The company’s product portfolio includes wheel loaders, excavators, road rollers, forklifts and other earth-moving and material-handling machinery. Through its in-house design and engineering teams, Lonking develops equipment tailored to infrastructure, mining, logistics and agricultural applications.
Established in the early 1990s and headquartered in Zhanjiang, Guangdong Province, Lonking has grown from a regional manufacturer into a global supplier of construction machinery.
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