OneConstruction Group Limited (NASDAQ:ONEG) Sees Large Growth in Short Interest

OneConstruction Group Limited (NASDAQ:ONEG) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 128,033 shares, a growth of 588.7% from the January 15th total of 18,591 shares. Based on an average daily volume of 312,029 shares, the short-interest ratio is presently 0.4 days. Currently, 1.0% of the company’s stock are sold short. Currently, 1.0% of the company’s stock are sold short. Based on an average daily volume of 312,029 shares, the short-interest ratio is presently 0.4 days.

OneConstruction Group Stock Performance

Shares of ONEG stock traded up $0.22 during mid-day trading on Thursday, hitting $3.27. 768,395 shares of the stock traded hands, compared to its average volume of 330,452. OneConstruction Group has a 52-week low of $1.00 and a 52-week high of $13.50. The stock’s fifty day moving average is $2.39 and its two-hundred day moving average is $6.87.

About OneConstruction Group

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.