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

Lenovo Group Limited (OTCMKTS:LNVGF) was the target of 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 currently 50.2 days.

Lenovo Group Stock Up 10.4 %

Shares of Lenovo Group stock opened at $1.64 on Friday. The business’s fifty day moving average price is $1.40 and its two-hundred day moving average price is $1.31. Lenovo Group has a 1-year low of $0.83 and a 1-year high of $1.79.

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.