Lenovo Group Limited (OTCMKTS:LNVGF) Short Interest Up 133.3% in February

Lenovo Group Limited (OTCMKTS:LNVGF) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 16,410,000 shares, an increase of 133.3% from the February 13th total of 7,033,300 shares. Based on an average daily volume of 327,200 shares, the short-interest ratio is presently 50.2 days.

Lenovo Group Trading Up 10.4 %

Shares of LNVGF traded up $0.16 during midday trading on Friday, hitting $1.64. The company’s stock had a trading volume of 31,628 shares, compared to its average volume of 108,997. Lenovo Group has a one year low of $0.83 and a one year high of $1.79. The company’s fifty day simple moving average is $1.40 and its two-hundred day simple moving average is $1.30.

Lenovo Group Company Profile

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.