Lonking Holdings Ltd. (OTCMKTS:LONKF – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 81,000 shares, a decline of 40.4% from the August 31st total of 136,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Currently, 0.0% of the shares of the company are short sold.
Lonking Stock Performance
Shares of Lonking stock opened at $0.39 on Wednesday. Lonking has a twelve month low of $0.36 and a twelve month high of $0.39. The company’s 50 day moving average is $0.38 and its 200 day moving average is $0.37.
Lonking Company Profile
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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