Hongli Group Inc. (NASDAQ:HLP – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 11,500 shares, a decline of 74.0% from the September 30th total of 44,200 shares. Based on an average daily trading volume, of 22,100 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are short sold.
Hongli Group Price Performance
Shares of NASDAQ HLP traded down $0.02 during mid-day trading on Friday, reaching $1.15. The company had a trading volume of 4,962 shares, compared to its average volume of 179,629. The stock has a fifty day moving average of $1.63 and a two-hundred day moving average of $1.64. Hongli Group has a 12-month low of $0.72 and a 12-month high of $5.54.
About Hongli Group
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