OneConstruction Group Limited (NASDAQ:ONEG – Get Free Report) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 33,298 shares, a decrease of 87.0% from the June 15th total of 255,856 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 345,956 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Investors Weigh In On OneConstruction Group
A hedge fund recently bought a new position in OneConstruction Group stock. XTX Topco Ltd bought a new position in shares of OneConstruction Group Limited (NASDAQ:ONEG – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,794 shares of the company’s stock, valued at approximately $31,000. XTX Topco Ltd owned about 0.18% of OneConstruction Group at the end of the most recent quarter.
Analyst Ratings Changes
A number of analysts have weighed in on the stock. Wall Street Zen raised shares of OneConstruction Group to a “hold” rating in a report on Saturday, March 28th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of OneConstruction Group in a research report on Tuesday, June 30th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.
OneConstruction Group Stock Down 1.7%
Shares of OneConstruction Group stock traded down $0.02 on Friday, hitting $1.14. The stock had a trading volume of 39,961 shares, compared to its average volume of 693,955. OneConstruction Group has a 52-week low of $0.72 and a 52-week high of $14.95. The company’s 50 day moving average price is $1.61 and its 200 day moving average price is $2.38.
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.
See Also
- Five stocks we like better than OneConstruction Group
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
Receive News & Ratings for OneConstruction Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneConstruction Group and related companies with MarketBeat.com's FREE daily email newsletter.
