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

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF – Get Rating) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 7,504,200 shares, a growth of 54.1% from the March 15th total of 4,869,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 75,042.0 days.

Shares of NNFSF stock remained flat at $$5.98 on Monday. Nongfu Spring has a 12-month low of $3.99 and a 12-month high of $5.98. The stock has a 50-day moving average of $5.77 and a 200 day moving average of $5.52.

About Nongfu Spring (Get Rating)

Nongfu Spring Co, Ltd. produces and markets packaged drinking water and beverage products primarily in Mainland China. It operates through five segments: Water Products, Functional Drinks Products, Ready-To-Drink Tea Products, Juice Beverage Products, and Other Products. The company also offers tea and coffee drink products, functional drink products, fruit juice products, plant-based yogurts, and fresh oranges and apples, as well as supply chain management.

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