Hongli Group Inc. (NASDAQ:HLP – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 39,500 shares, a growth of 42.1% from the August 31st total of 27,800 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 26,000 shares, the short-interest ratio is currently 1.5 days.
Hongli Group Stock Performance
Shares of HLP traded down $0.09 during trading hours on Friday, reaching $1.72. The company had a trading volume of 11,051 shares, compared to its average volume of 196,508. The firm has a 50 day simple moving average of $1.70 and a 200-day simple moving average of $1.63. Hongli Group has a 12-month low of $0.72 and a 12-month high of $5.54.
About Hongli Group
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