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

Lenovo Group Limited (OTCMKTS:LNVGF) was the recipient of a large increase in short interest in 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 trading volume of 327,200 shares, the short-interest ratio is currently 50.2 days.

Lenovo Group Price Performance

Lenovo Group stock traded up $0.16 during mid-day trading on Friday, reaching $1.64. 31,628 shares of the company were exchanged, compared to its average volume of 108,997. The company has a fifty day simple moving average of $1.40 and a 200-day simple moving average of $1.30. Lenovo Group has a 12 month low of $0.83 and a 12 month 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.