Hongli Group Inc. (NASDAQ:HLP) Short Interest Down 98.0% in November

Hongli Group Inc. (NASDAQ:HLP) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 200 shares, a decline of 98.0% from the October 31st total of 10,200 shares. Based on an average trading volume of 25,600 shares, the short-interest ratio is currently 0.0 days.

Hongli Group Trading Down 3.8 %

HLP traded down $0.05 during trading on Thursday, hitting $1.26. The company’s stock had a trading volume of 30,818 shares, compared to its average volume of 163,755. Hongli Group has a twelve month low of $0.72 and a twelve month high of $3.81. The firm’s 50 day moving average price is $1.35 and its 200-day moving average price is $1.60.

About Hongli Group

Hongli Group Inc, through its subsidiaries, designs, customizes, manufactures, and sells cold roll formed steel profiles for machinery and equipment in the People's Republic of China, South Korea, Japan, the United States, and Sweden. It serves mining and excavation, construction, agriculture, and transportation industries.