Lonking Holdings Limited (OTCMKTS:LKHLY – Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 4 shares, a decrease of 42.9% from the April 30th total of 7 shares. Based on an average daily trading volume, of 3 shares, the days-to-cover ratio is currently 1.3 days.
Lonking Stock Performance
LKHLY stock remained flat at $18.15 during mid-day trading on Wednesday. 2 shares of the company’s stock were exchanged, compared to its average volume of 677. Lonking has a 52 week low of $8.58 and a 52 week high of $18.29. The stock has a 50-day moving average of $18.15 and a two-hundred day moving average of $18.09.
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.
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