Zoomlion Heavy Industry Science and Technology Co., Ltd. (OTCMKTS:ZLIOY) Sees Significant Growth in Short Interest

Zoomlion Heavy Industry Science and Technology Co., Ltd. (OTCMKTS:ZLIOY) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 330 shares, a growth of 16,400.0% from the August 15th total of 2 shares. Based on an average trading volume of 631 shares, the days-to-cover ratio is currently 0.5 days.

Zoomlion Heavy Industry Science and Technology Stock Performance

Shares of OTCMKTS ZLIOY remained flat at $8.35 during mid-day trading on Thursday. 36 shares of the stock were exchanged, compared to its average volume of 807. Zoomlion Heavy Industry Science and Technology has a 1-year low of $7.76 and a 1-year high of $14.92. The stock has a fifty day simple moving average of $9.04 and a 200 day simple moving average of $10.23.

About Zoomlion Heavy Industry Science and Technology

Zoomlion Heavy Industry Science and Technology Co, Ltd. is a leading China-based manufacturer of construction machinery and sanitation equipment. Founded in 1992 and headquartered in Changsha, Hunan, the company has grown through the integration of multiple state-owned machinery factories to become one of the largest heavy equipment producers in Asia. Zoomlion is publicly traded on the Shanghai and Hong Kong stock exchanges, offering a range of products that serve both domestic and international markets.

Zoomlion’s product portfolio encompasses a broad spectrum of equipment for the construction and agricultural sectors, including concrete machinery, tower cranes, excavators, road rollers and earth-moving equipment.