Hongli Group Inc. (NASDAQ:HLP) Short Interest Down 98.0% in November

Hongli Group Inc. (NASDAQ:HLP) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 200 shares, a decline of 98.0% from the October 31st total of 10,200 shares. Based on an average daily trading volume, of 25,600 shares, the short-interest ratio is currently 0.0 days.

Hongli Group Trading Down 3.8 %

HLP traded down $0.05 on Thursday, hitting $1.26. 30,818 shares of the company were exchanged, compared to its average volume of 163,755. Hongli Group has a fifty-two week low of $0.72 and a fifty-two week high of $3.81. The business’s fifty day moving average is $1.35 and its 200 day moving average is $1.60.

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.