Lonking Holdings Limited (OTCMKTS:LKHLY) Short Interest Down 66.7% in August

Lonking Holdings Limited (OTCMKTS:LKHLY) was the target of a significant decline in short interest in August. As of August 15th, there was short interest totaling 100 shares, adeclineof66.7% from the July 31st total of 300 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 0.3 days.

Lonking Trading Down 1.1%

Shares of LKHLY stock opened at $18.05 on Friday. Lonking has a 1-year low of $8.58 and a 1-year high of $18.29. The stock’s fifty day simple moving average is $15.58 and its 200-day simple moving average is $13.50.

Lonking Company Profile

Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China and internationally. It operates through three segments: Sale of Construction Machinery, Finance Lease of Construction Machinery, and Financial Investment.