Short Interest in OneConstruction Group Limited (NASDAQ:ONEG) Rises By 588.7%

OneConstruction Group Limited (NASDAQ:ONEG) saw a significant growth in short interest in 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 currently 0.4 days. Approximately 1.0% of the shares of the stock are short sold. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily volume of 312,029 shares, the short-interest ratio is currently 0.4 days.

OneConstruction Group Stock Performance

Shares of OneConstruction Group stock traded down $0.25 during midday trading on Tuesday, reaching $4.25. The company had a trading volume of 790,370 shares, compared to its average volume of 238,333. The stock has a fifty day simple moving average of $2.35 and a 200 day simple moving average of $6.90. OneConstruction Group has a 1-year low of $1.00 and a 1-year high of $13.50.

OneConstruction Group Company Profile

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.