Hongli Group Inc. (NASDAQ:HLP) Short Interest Up 917.6% in August

Hongli Group Inc. (NASDAQ:HLP) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 17,300 shares, anincreaseof917.6% from the July 31st total of 1,700 shares. Based on an average daily trading volume, of 166,100 shares, the days-to-cover ratio is currently 0.1 days. Currently,0.0% of the company’s shares are short sold. Currently,0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 166,100 shares, the days-to-cover ratio is currently 0.1 days.

Hongli Group Trading Down 0.0%

Shares of HLP traded down $0.00 on Tuesday, reaching $0.69. 37,722 shares of the company’s stock were exchanged, compared to its average volume of 123,953. The business has a 50 day moving average price of $0.69 and a two-hundred day moving average price of $0.99. Hongli Group has a 12 month low of $0.61 and a 12 month high of $2.10.

Hongli Group Company Profile

Hongli Group Inc, through its subsidiaries, designs, customizes, manufactures, and sells cold roll formed steel profiles for machinery and equipment in the People's Republic of China, South Korea, Japan, the United States, and Sweden. It serves mining and excavation, construction, agriculture, and transportation industries.