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

Zoomlion Heavy Industry Science and Technology Co., Ltd. (OTCMKTS:ZLIOY) was the target of a significant growth in short interest in 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 presently 0.5 days.

Zoomlion Heavy Industry Science and Technology Stock Performance

Shares of ZLIOY stock opened at $8.35 on Friday. The stock has a 50-day moving average price of $9.01 and a 200 day moving average price of $10.20. Zoomlion Heavy Industry Science and Technology has a 12 month low of $7.76 and a 12 month high of $14.92.

Zoomlion Heavy Industry Science and Technology Company Profile

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.