OneConstruction Group Limited (NASDAQ:ONEG) Short Interest Up 588.7% in January

OneConstruction Group Limited (NASDAQ:ONEG) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 128,033 shares, a growth of 588.7% from the January 15th total of 18,591 shares. Based on an average trading volume of 312,029 shares, the days-to-cover ratio is presently 0.4 days. Approximately 1.0% of the company’s shares are sold short. Approximately 1.0% of the company’s shares are sold short. Based on an average trading volume of 312,029 shares, the days-to-cover ratio is presently 0.4 days.

OneConstruction Group Stock Performance

OneConstruction Group stock traded down $0.25 during mid-day trading on Tuesday, hitting $4.25. 790,370 shares of the company’s stock were exchanged, compared to its average volume of 238,333. The company’s 50 day simple moving average is $2.35 and its 200-day simple moving average is $6.90. OneConstruction Group has a fifty-two week low of $1.00 and a fifty-two week high of $13.50.

OneConstruction Group Company Profile

OneConstruction Group is a structural steelwork contractor principally in Hong Kong. The Company, through its subsidiaries, specializes in the procurement and installation of structural steel for a diverse range of construction projects, serving both public and private sector clients. OneConstruction Group is based in NEW YORK.