Short Interest in Lenovo Group Limited (OTCMKTS:LNVGF) Rises By 146.3%

Lenovo Group Limited (OTCMKTS:LNVGF) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 40,423,700 shares, a growth of 146.3% from the February 28th total of 16,410,000 shares. Based on an average daily volume of 43,600 shares, the short-interest ratio is currently 927.1 days.

Lenovo Group Trading Down 6.1 %

Lenovo Group stock traded down $0.09 during midday trading on Friday, reaching $1.38. 51,000 shares of the company’s stock were exchanged, compared to its average volume of 93,677. The stock’s 50-day simple moving average is $1.46 and its 200 day simple moving average is $1.33. Lenovo Group has a 52 week low of $0.83 and a 52 week high of $1.79.

Lenovo Group Company Profile

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.