Short Interest in Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) Decreases By 22.3%

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

Nongfu Spring Price Performance

Nongfu Spring stock remained flat at $3.89 during trading hours on Tuesday. The business has a fifty day moving average price of $3.68 and a 200 day moving average price of $4.87. Nongfu Spring has a 12-month low of $3.34 and a 12-month high of $6.44.

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.