OneConstruction Group Limited (NASDAQ:ONEG) Short Interest Update

OneConstruction Group Limited (NASDAQ:ONEGGet Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 29,573 shares, a decline of 95.1% from the April 30th total of 600,470 shares. Based on an average daily trading volume, of 2,740,513 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the shares of the stock are short sold.

OneConstruction Group Stock Down 1.1%

Shares of OneConstruction Group stock traded down $0.01 during trading on Wednesday, hitting $0.89. The company’s stock had a trading volume of 316,711 shares, compared to its average volume of 2,063,577. The company has a fifty day simple moving average of $3.06 and a two-hundred day simple moving average of $2.73. OneConstruction Group has a 52 week low of $0.72 and a 52 week high of $14.95.

Institutional Trading of OneConstruction Group

An institutional investor recently bought a new position in OneConstruction Group stock. XTX Topco Ltd purchased a new position in OneConstruction Group Limited (NASDAQ:ONEGFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 23,794 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned 0.18% of OneConstruction Group as of its most recent SEC filing.

Analyst Upgrades and Downgrades

A number of research firms have commented on ONEG. Weiss Ratings reissued a “sell (d)” rating on shares of OneConstruction Group in a research note on Thursday, April 2nd. Wall Street Zen raised shares of OneConstruction Group to a “hold” rating in a research report on Saturday, March 28th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, OneConstruction Group presently has an average rating of “Sell”.

Get Our Latest Stock Report on ONEG

OneConstruction Group Company Profile

(Get Free Report)

OneConstruction Group is a structural steelwork contractor principally in Hong Kong. The Company, through its subsidiaries, specializes in the procurement and installation of structural steel for a diverse range of construction projects, serving both public and private sector clients. OneConstruction Group is based in NEW YORK.

Further Reading

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