Short Interest in OneConstruction Group Limited (NASDAQ:ONEG) Grows By 169.5%

OneConstruction Group Limited (NASDAQ:ONEG) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 345,044 shares, a growth of 169.5% from the January 29th total of 128,033 shares. Currently, 2.7% of the company’s shares are short sold. Based on an average daily volume of 480,658 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 480,658 shares, the days-to-cover ratio is currently 0.7 days. Currently, 2.7% of the company’s shares are short sold.

OneConstruction Group Trading Up 0.7%

ONEG traded up $0.01 during midday trading on Friday, reaching $1.47. 63,911 shares of the company’s stock traded hands, compared to its average volume of 342,817. OneConstruction Group has a 52 week low of $1.00 and a 52 week high of $13.50. The firm has a fifty day moving average of $2.59 and a two-hundred day moving average of $6.52.

Institutional Trading of OneConstruction Group

A hedge fund recently bought a new stake in OneConstruction Group stock. XTX Topco Ltd acquired a new stake in shares of OneConstruction Group Limited (NASDAQ:ONEG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 23,794 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned 0.18% of OneConstruction Group at the end of the most recent quarter.

About OneConstruction Group

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.