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

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 12,610,700 shares, a drop of 22.3% from the September 30th total of 16,227,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 126,107.0 days.

Nongfu Spring Stock Performance

OTCMKTS NNFSF remained flat at $3.89 on Friday. The stock has a 50 day moving average price of $3.70 and a 200 day moving average price of $4.88. Nongfu Spring has a 1-year low of $3.34 and a 1-year high of $6.44.

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.