Lonking Holdings Ltd. (OTCMKTS:LONKF – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 81,000 shares, a drop of 40.4% from the August 31st total of 136,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Approximately 0.0% of the company’s shares are sold short.
Lonking Stock Performance
OTCMKTS LONKF remained flat at $0.39 during trading hours on Thursday. The stock’s 50 day moving average is $0.38 and its two-hundred day moving average is $0.37. Lonking has a one year low of $0.36 and a one year high of $0.39.
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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