Lonking Holdings Limited (OTCMKTS:LKHLY – Get Free Report) was the target of a large decrease in short interest during the month of 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 short-interest ratio is currently 1.3 days.
Lonking Price Performance
Shares of LKHLY stock remained flat at $18.15 on Tuesday. The stock had a trading volume of 2 shares, compared to its average volume of 677. The stock’s fifty day moving average price is $18.15 and its 200 day moving average price is $18.09. Lonking has a 1-year low of $8.58 and a 1-year high of $18.29.
About Lonking
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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