Short Interest in Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) Declines By 78.9%

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 3,260,400 shares, a decrease of 78.9% from the October 31st total of 15,426,900 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is currently 639.3 days.

Nongfu Spring Stock Performance

NNFSF remained flat at $3.89 during midday trading on Wednesday. Nongfu Spring has a 1 year low of $3.34 and a 1 year high of $6.44. The business’s fifty day moving average price is $3.79 and its 200 day moving average price is $4.58.

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.