Lonking Holdings Ltd. (OTCMKTS:LONKF – Get Free Report) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 136,000 shares, a decline of 64.0% from the August 15th total of 378,000 shares. Based on an average trading volume of 82 shares, the short-interest ratio is currently 1,658.5 days. Approximately 0.0% of the company’s stock are short sold.
Lonking Stock Performance
Shares of OTCMKTS LONKF remained flat at $0.39 on Monday. Lonking has a 12 month low of $0.36 and a 12 month high of $0.39. The company has a fifty day moving average of $0.37 and a two-hundred day moving average of $0.36.
Lonking Company Profile
Lonking Holdings Limited is a Chinese manufacturer of construction machinery and related equipment. The company designs, produces and sells machinery used in construction, infrastructure development, mining, logistics and other industrial applications.
Its product portfolio includes wheel loaders, excavators, forklift trucks, road rollers, motor graders and other construction equipment. Lonking also manufactures selected components and provides related support services for its machinery products.
Founded in 1993, Lonking serves customers in China and markets outside the country through its sales and distribution network.
Featured Stories
- Five stocks we like better than Lonking
- Battery Stocks Are Heating Up—These 2 ETFs Offer a Safer Bet
- 5 Names That Showed Signs of Life After Friday’s CPI Report
- What Might it Take for D-Wave to Reset Its Course?
- Fabrinet, Dycom and Qualcomm: 3 AI Fallen Angels Wall Street Just Marked Down
Receive News & Ratings for Lonking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lonking and related companies with MarketBeat.com's FREE daily email newsletter.
