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

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) saw a large decline in short interest during 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 days-to-cover ratio is presently 30,001.0 days.

Nongfu Spring Price Performance

NNFSF stock traded up $0.09 during midday trading on Tuesday, hitting $4.57. 100 shares of the company’s stock were exchanged, compared to its average volume of 850. Nongfu Spring has a 12-month low of $3.34 and a 12-month high of $6.44. The firm has a 50 day moving average price of $4.40 and a 200-day moving average price of $4.03.

Nongfu Spring Company Profile

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.