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

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 3,265,200 shares, a drop of 29.3% from the September 30th total of 4,617,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 32,652.0 days. Based on an average trading volume of 100 shares, the short-interest ratio is currently 32,652.0 days.

Nongfu Spring Stock Up 6.2%

NNFSF stock opened at $6.75 on Wednesday. Nongfu Spring has a 52-week low of $4.30 and a 52-week high of $7.21. The company has a fifty day moving average price of $6.61 and a 200-day moving average price of $5.60.

Nongfu Spring Company Profile

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.