Lonking Holdings Ltd. (OTCMKTS:LONKF – Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 81,000 shares, a decrease of 40.4% from the August 31st total of 136,000 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Lonking Price Performance
Lonking stock opened at $0.39 on Wednesday. Lonking has a 12 month low of $0.36 and a 12 month high of $0.39. The business’s fifty day simple moving average is $0.38 and its two-hundred day simple moving average is $0.37.
About Lonking
Lonking Holdings Limited is a Chinese manufacturer of construction machinery and related equipment. The company designs, produces and sells machinery used in construction, infrastructure development, mining, logistics and other industrial applications.
Its product portfolio includes wheel loaders, excavators, forklift trucks, road rollers, motor graders and other construction equipment. Lonking also manufactures selected components and provides related support services for its machinery products.
Founded in 1993, Lonking serves customers in China and markets outside the country through its sales and distribution network.
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