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

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 15,426,900 shares, a growth of 22.3% from the October 15th total of 12,610,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Nongfu Spring Stock Performance

Shares of NNFSF stock remained flat at $3.89 during trading hours on Friday. 7,400 shares of the stock traded hands, compared to its average volume of 2,340. Nongfu Spring has a 1 year low of $3.34 and a 1 year high of $6.44. The stock has a 50-day moving average price of $3.70 and a two-hundred day moving average price of $4.72.

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.