Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) Short Interest Up 177.6% in March

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 6,208,100 shares, a growth of 177.6% from the February 29th total of 2,236,000 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 20,693.7 days.

Nongfu Spring Price Performance

Shares of Nongfu Spring stock opened at $5.47 on Thursday. The business’s 50 day simple moving average is $5.62 and its two-hundred day simple moving average is $5.55. Nongfu Spring has a one year low of $5.43 and a one year high of $5.47.

Nongfu Spring Company Profile

Nongfu Spring Co, Ltd. 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 tea beverage products; functional drink products; fruit juice products; and other beverage products, such as soda water, sparkling flavored, and coffee beverages, as well as agricultural products comprising fresh fruits.