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Lonking Holdings Limited (OTCMKTS:LKHLY) Sees Significant Drop in Short Interest

Financial News Live · Aug 26, 2022 19:01

Lonking Holdings Limited (OTCMKTS:LKHLY – Get Rating) was the recipient of a significant decrease in short interest in August. As of August 15th, there was short interest totalling 200 shares, a decrease of 60.0% from the July 31st total of 500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

Lonking Price Performance

Shares of LKHLY stock remained flat at $10.54 during mid-day trading on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 409. Lonking has a twelve month low of $9.61 and a twelve month high of $14.70. The firm's 50-day moving average is $11.47 and its 200-day moving average is $12.92.

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About Lonking

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Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. The company also provides hydraulic excavators and skid steer loaders; and diesel, electric, and LPG forklifts.

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