Short Interest in Lenovo Group Ltd. (OTCMKTS:LNVGY) Increases By 100.0%

Lenovo Group Ltd. (OTCMKTS:LNVGY - Get Free Report) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 139,032 shares, an increase of 100.0% from the February 12th total of 69,523 shares. Based on an average daily volume of 506,813 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 506,813 shares, the short-interest ratio is currently 0.3 days.Lenovo Group Stock PerformanceAdvanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?Shares of LNVGY stock traded down $0.33 on Thursday, reaching $24.21. The stock had a trading volume of 3,468 shares, compared to its average volume of 166,954. Lenovo Group has a 12 month low of $17.84 and a 12 month high of $32.69. The firm has a market capitalization of $15.01 billion, a price-to-earnings ratio of 11.26, a P/E/G ratio of 1.05 and a beta of 0.63. The firm's 50-day moving average is $23.55 and its two-hundred day moving average is $26.28. The company has a quick ratio of 0.71, a current ratio of 0.96 and a debt-to-equity ratio of 0.59. Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The technology company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.22. The company had revenue of $22.20 billion during the quarter, compared to analysts' expectations of $20.65 billion. Lenovo Group had a return on equity of 26.18% and a net margin of 1.89%. On average, research analysts expect that Lenovo Group will post 2.06 EPS for the current fiscal year. Analyst Ratings ChangesA 50% upside for AMD? Here’s howLNVGY has been the topic of several research analyst reports. JPMorgan Chase & Co. cut shares of Lenovo Group from an "overweight" rating to a "neutral" rating in a research report on Thursday, November 20th. Zacks Research raised shares of Lenovo Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, February 10th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of "Hold".View Our Latest Report on LNVGYLenovo Group Company Profile (Get Free Report)2 Sizzling Mid-Caps That Could Stay Hot This SummerLenovo Group is a multinational technology company known primarily for the design, manufacture and sale of personal computers, servers, storage and smart devices. Its product portfolio spans consumer and commercial PCs (notable brands include ThinkPad, IdeaPad, Yoga and Legion), workstations, enterprise-class ThinkSystem servers and storage, as well as tablets, smartphones (notably through its Motorola Mobility acquisition), smart home devices and related software. Lenovo also provides IT services and solutions, including systems integration, managed services and lifecycle support for enterprise customers. The company traces its origins to 1984 when it was founded in Beijing as Legend by Liu Chuanzhi; it later adopted the Lenovo name and expanded through a series of strategic acquisitions.Read MoreFive stocks we like better than Lenovo GroupThe Forbes Mineral America NeedsHow China Accidentally Created Its Own Rare Earth RivalNvidia CEO Issues Bold Tesla CallGilder: Don’t Buy AI Stocks, Do This InsteadThe largest IPO in history is comingThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Lenovo Group Right Now?Before you consider Lenovo Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lenovo Group wasn't on the list.While Lenovo Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here