Hongli Group Inc. (NASDAQ:HLP) Short Interest Update

Hongli Group Inc. (NASDAQ:HLP) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 14,100 shares, a growth of 327.3% from the November 30th total of 3,300 shares. Based on an average daily volume of 43,500 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Hongli Group Stock Up 5.3 %

Shares of HLP stock traded up $0.07 during mid-day trading on Friday, reaching $1.38. The stock had a trading volume of 105,825 shares, compared to its average volume of 157,365. Hongli Group has a 1-year low of $0.99 and a 1-year high of $3.50. The business’s fifty day moving average is $1.28 and its 200-day moving average is $1.54.

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.