Lonking Holdings Limited (OTCMKTS:LKHLY) Short Interest Update

Lonking Holdings Limited (OTCMKTS:LKHLYGet Rating) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 800 shares, a decrease of 46.7% from the April 30th total of 1,500 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 4.0 days.

LKHLY traded down $0.16 during trading on Friday, hitting $13.12. The company had a trading volume of 209 shares, compared to its average volume of 473. The business has a 50-day moving average of $13.73 and a 200-day moving average of $13.98. Lonking has a 1-year low of $13.12 and a 1-year high of $14.70.

The firm also recently announced a dividend, which will be paid on Monday, August 15th. Shareholders of record on Monday, May 30th will be paid a dividend of $1.3519 per share. The ex-dividend date of this dividend is Friday, May 27th. This represents a yield of 9.8%.

Lonking Company Profile (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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