Lonking Holdings Ltd. (OTCMKTS:LONKF) Short Interest Update

Lonking Holdings Ltd. (OTCMKTS:LONKF) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 241,000 shares, an increase of 145.4% from the July 15th total of 98,210 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 0.0% of the shares of the stock are sold short.

Lonking Price Performance

Shares of OTCMKTS:LONKF remained flat at $0.36 on Friday. Lonking has a 1-year low of $0.33 and a 1-year high of $0.38. The business’s 50-day moving average price is $0.36 and its 200 day moving average price is $0.36.

About Lonking

Lonking Holdings Limited is a China-based manufacturer and distributor of construction machinery and equipment. The company’s product portfolio includes wheel loaders, excavators, road rollers, forklifts and other earth-moving and material-handling machinery. Through its in-house design and engineering teams, Lonking develops equipment tailored to infrastructure, mining, logistics and agricultural applications.

Established in the early 1990s and headquartered in Zhanjiang, Guangdong Province, Lonking has grown from a regional manufacturer into a global supplier of construction machinery.