Nongfu Spring Co.,Ltd. (OTCMKTS: NNFSF) sees significant growth in short-term interest

Nongfu Spring Co.,Ltd. (OTCMKTS: NNFSF – Get Rating) saw strong growth in short-term interest in March. As of March 31, there was short interest totaling 7,504,200 shares, a growth of 54.1% from the total of 4,869,500 shares as of March 15. Based on an average trading volume of 100 shares, the day-to-cover ratio is currently 75,042.0 days.

NNFSF stock was flat at $5.98 during Friday’s midday trading session. The company has a fifty-day simple moving average of $5.77 and a 200-day simple moving average of $5.51. Nongfu Spring has a 12 month minimum of $3.99 and a 12 month maximum of $5.98.

About Nongfu Spring (Get a rating)

Nongfu Spring Co,Ltd. produces and markets drinking water and packaged beverages mainly in mainland China. It operates through five segments: Water Products, Functional Beverage Products, Ready-to-Drink Tea Products, Fruit Juice Products and Other Products. The Company also offers tea and coffee beverages, functional beverages, fruit juices, plant-based yogurts, fresh oranges and apples, and supply chain management.

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