Lonking Holdings Limited (OTCMKTS:LONKF) Sees Large Growth in Short Interest

Lonking Holdings Limited (OTCMKTS:LONKF – Get Rating) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,681,000 shares, a growth of 79.4% from the March 15th total of 937,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Shares of Lonking stock remained flat at $$0.28 on Friday. Lonking has a 52 week low of $0.25 and a 52 week high of $0.32. The stock’s 50-day simple moving average is $0.26 and its 200 day simple moving average is $0.29.

About Lonking (Get Rating)

Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. The company also provides hydraulic excavators and skid steer loaders; and diesel, electric, and LPG forklifts.

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