Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) Short Interest Up 20.3% in September

Nongfu Spring Co., Ltd. (OTCMKTS:NNFSF) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 20,257,200 shares, a growth of 20.3% from the August 31st total of 16,843,100 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 4,501.6 days.

Nongfu Spring Stock Performance

OTCMKTS NNFSF remained flat at $3.40 on Monday. Nongfu Spring has a 12 month low of $3.34 and a 12 month high of $6.44. The company’s fifty day simple moving average is $4.22 and its 200-day simple moving average is $5.11.

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.