Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) Sees Large Drop in Short Interest

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,476,600 shares, a decrease of 50.8% from the February 28th total of 3,000,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 14,766.0 days.

Nongfu Spring Price Performance

Shares of NNFSF remained flat at $4.57 during trading hours on Friday. Nongfu Spring has a twelve month low of $3.34 and a twelve month high of $6.44. The firm’s 50-day simple moving average is $4.42 and its 200-day simple moving average is $4.10.

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.