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

OneConstruction Group Limited (NASDAQ:ONEG) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 345,044 shares, an increase of 169.5% from the January 29th total of 128,033 shares. Based on an average trading volume of 480,658 shares, the days-to-cover ratio is presently 0.7 days. Approximately 2.7% of the shares of the stock are short sold. Approximately 2.7% of the shares of the stock are short sold. Based on an average trading volume of 480,658 shares, the days-to-cover ratio is presently 0.7 days.

OneConstruction Group Stock Performance

NASDAQ:ONEG opened at $1.47 on Friday. The company has a 50-day moving average of $2.59 and a 200-day moving average of $6.49. OneConstruction Group has a twelve month low of $1.00 and a twelve month high of $13.50.

Institutional Investors Weigh In On OneConstruction Group

An institutional investor recently bought a new position in OneConstruction Group stock. XTX Topco Ltd bought a new position in OneConstruction Group Limited (NASDAQ:ONEG) in the 4th quarter, according to its most recent 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 0.18% of OneConstruction Group at the end of the most recent reporting period.

About OneConstruction Group

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.