Short Interest in Lenovo Group Limited (OTCMKTS:LNVGF) Increases By 146.3%

Lenovo Group Limited (OTCMKTS:LNVGF) saw a significant growth in short interest in 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 daily volume of 43,600 shares, the days-to-cover ratio is presently 927.1 days.

Lenovo Group Trading Down 6.1 %

Shares of OTCMKTS LNVGF opened at $1.38 on Friday. Lenovo Group has a 12-month low of $0.83 and a 12-month high of $1.79. The stock has a 50 day simple moving average of $1.46 and a 200-day simple moving average of $1.33.

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.