Short Interest in Lenovo Group Limited (OTCMKTS:LNVGF) Declines By 18.4%

Lenovo Group Limited (OTCMKTS:LNVGF) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 7,033,300 shares, a decrease of 18.4% from the January 31st total of 8,614,200 shares. Based on an average daily trading volume, of 107,700 shares, the days-to-cover ratio is currently 65.3 days.

Lenovo Group Stock Performance

OTCMKTS:LNVGF opened at $1.33 on Tuesday. The company has a fifty day simple moving average of $1.35 and a two-hundred day simple moving average of $1.29. Lenovo Group has a 52 week low of $0.83 and a 52 week high of $1.79.

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.