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

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) was the target of 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 trading volume of 100 shares, the days-to-cover ratio is currently 30,001.0 days.

Nongfu Spring Price Performance

Shares of OTCMKTS NNFSF traded up $0.09 during trading on Tuesday, reaching $4.57. The stock had a trading volume of 100 shares, compared to its average volume of 850. Nongfu Spring has a one year low of $3.34 and a one year high of $6.44. The firm’s 50 day moving average price is $4.40 and its two-hundred day moving average price is $4.03.

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.