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

Hongli Group Inc. (NASDAQ:HLP) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 48,900 shares, a growth of 259.6% from the January 31st total of 13,600 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 58,100 shares, the short-interest ratio is presently 0.8 days.

Hongli Group Price Performance

NASDAQ:HLP opened at $1.32 on Friday. The stock has a 50-day simple moving average of $1.33 and a two-hundred day simple moving average of $1.43. Hongli Group has a 52-week low of $0.99 and a 52-week high of $2.25.

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.