Short Interest in Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) Drops By 20.2%

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 3,000,100 shares, a decline of 20.2% from the February 13th total of 3,761,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 30,001.0 days.

Nongfu Spring Stock Performance

Shares of Nongfu Spring stock opened at $4.48 on Monday. The firm has a 50-day simple moving average of $4.39 and a two-hundred day simple moving average of $4.03. Nongfu Spring has a fifty-two week low of $3.34 and a fifty-two week high of $6.44.

About Nongfu Spring

Nongfu Spring Co, Ltd. researches, develops, produces, and markets packaged drinking water and beverage products primarily in Mainland China. It operates through five segments: Water Products, Ready-To-Drink Tea Products, Functional Drinks Products, Juice Beverage Products, and Other Products. The company also offers ready-to-drink tea beverage beverages; functional drink products; fruit juice products; and other beverage products, soda water, sparkling flavored, lemon juice, and coffee beverages, as well as agricultural products comprising fresh fruits.