Lenovo Group Limited (OTCMKTS:LNVGF – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 9,194,267 shares, a decrease of 79.1% from the September 15th total of 44,062,100 shares. Based on an average daily volume of 68,691 shares, the short-interest ratio is presently 133.8 days.
Lenovo Group Trading Up 0.7%
OTCMKTS LNVGF traded up $0.03 on Friday, hitting $4.15. The company’s stock had a trading volume of 26,146 shares, compared to its average volume of 111,023. Lenovo Group has a 52-week low of $0.98 and a 52-week high of $5.07. The company’s 50-day simple moving average is $4.09 and its 200 day simple moving average is $2.88.
About Lenovo Group
Lenovo Group Limited is a global technology company that develops, manufactures and sells personal computers, smart devices, infrastructure and technology services. Its product portfolio includes laptops and desktops under brands such as ThinkPad, IdeaPad, Yoga and Legion, as well as tablets, smartphones marketed through Motorola, workstations, accessories and other connected devices.
The company also provides data-center and infrastructure solutions, including servers, storage, software-defined infrastructure, edge computing and related support services.
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