Short Interest in Lonking Holdings Limited (OTCMKTS:LKHLY) Grows By 16.7%

Lonking Holdings Limited (OTCMKTS:LKHLY) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 7 shares, a growth of 16.7% from the February 12th total of 6 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Lonking Stock Performance

Shares of Lonking stock opened at $18.15 on Thursday. The stock has a fifty day simple moving average of $18.07 and a 200 day simple moving average of $18.06. Lonking has a 12-month low of $8.58 and a 12-month high of $18.29.

Lonking Company Profile

Lonking Holdings Limited, trading as OTCMKTS:LKHLY, is a China-based manufacturer and distributor of construction and material handling equipment. Headquartered in Longyan, Fujian Province, the company specializes in the design, development and production of heavy machinery used across infrastructure, mining, agriculture and logistics sectors. Lonking’s product lineup encompasses wheel loaders, excavators, forklift trucks, motor graders, road rollers and related attachments, supported by in-house research and development centers and quality control laboratories.

Founded in 1993, Lonking has grown from a domestic OEM supplier into one of China’s leading construction-equipment brands.