Lenovo Group Limited (OTCMKTS:LNVGF – Get Free Report) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 9,194,267 shares, a decline 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 Price Performance
LNVGF opened at $3.96 on Tuesday. The company’s 50 day moving average price is $4.11 and its two-hundred day moving average price is $2.91. Lenovo Group has a fifty-two week low of $0.98 and a fifty-two week high of $5.07.
About Lenovo Group
Lenovo Group Limited is a global technology company that develops, manufactures and sells personal computers, tablets, smartphones and other smart devices. Its product portfolio includes the ThinkPad, ThinkBook, Yoga and Legion PC families, as well as Motorola-branded smartphones and a range of accessories and connected devices.
The company also provides infrastructure technology and services for businesses, including servers, storage systems, software-defined infrastructure and solutions designed to support data centers, cloud computing and edge computing.
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