Lenovo Group Limited (OTCMKTS:LNVGF) Sees Significant Growth in Short Interest

Lenovo Group Limited (OTCMKTS:LNVGF) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 40,423,700 shares, a growth of 146.3% from the February 28th total of 16,410,000 shares. Based on an average trading volume of 43,600 shares, the short-interest ratio is presently 927.1 days.

Lenovo Group Price Performance

LNVGF stock opened at $1.47 on Friday. Lenovo Group has a twelve month low of $0.83 and a twelve month high of $1.79. The business’s fifty day moving average is $1.46 and its 200-day moving average is $1.32.

About Lenovo Group

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.