OneConstruction Group Limited (NASDAQ:ONEG) Short Interest Down 55.6% in January

OneConstruction Group Limited (NASDAQ:ONEG) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 18,591 shares, a decrease of 55.6% from the December 31st total of 41,897 shares. Based on an average daily volume of 256,056 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 256,056 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of OneConstruction Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

OneConstruction Group Trading Down 0.6%

OneConstruction Group stock traded down $0.03 during midday trading on Friday, reaching $5.27. 80,263 shares of the company’s stock were exchanged, compared to its average volume of 283,832. The stock’s 50-day simple moving average is $1.85 and its 200 day simple moving average is $6.95. OneConstruction Group has a 52 week low of $1.00 and a 52 week 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.