OneConstruction Group Limited (NASDAQ:ONEG) Sees Significant Decrease in Short Interest

OneConstruction Group Limited (NASDAQ:ONEG) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 142,289 shares, a decrease of 58.8% from the February 12th total of 345,044 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average trading volume of 198,204 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 198,204 shares, the short-interest ratio is presently 0.7 days. Currently, 1.1% of the shares of the stock are sold short.

OneConstruction Group Price Performance

Shares of NASDAQ:ONEG opened at $1.78 on Wednesday. OneConstruction Group has a 12 month low of $1.00 and a 12 month high of $13.50. The stock’s 50 day moving average price is $2.66 and its 200 day moving average price is $6.05.

Institutional Trading of OneConstruction Group

An institutional investor recently bought a new position in OneConstruction Group stock. XTX Topco Ltd bought a new position in shares of OneConstruction Group Limited (NASDAQ:ONEG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,794 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned approximately 0.18% of OneConstruction Group as of its most recent filing with the Securities and Exchange Commission (SEC).

OneConstruction Group Company Profile

OneConstruction Group is a structural steelwork contractor principally in Hong Kong. The Company, through its subsidiaries, specializes in the procurement and installation of structural steel for a diverse range of construction projects, serving both public and private sector clients. OneConstruction Group is based in NEW YORK.