Lenovo Group Limited (OTCMKTS:LNVGY) Short Interest Down 40.6% in December

Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) saw a large decline in short interest in December. As of December 15th, there was short interest totalling 10,700 shares, a decline of 40.6% from the November 30th total of 18,000 shares. Based on an average trading volume of 92,800 shares, the days-to-cover ratio is presently 0.1 days.

Lenovo Group Price Performance

LNVGY stock traded up $2.00 during trading on Friday, hitting $27.01. The stock had a trading volume of 79,547 shares, compared to its average volume of 59,771. The stock has a market capitalization of $16.75 billion, a P/E ratio of 14.52, a PEG ratio of 0.51 and a beta of 0.78. The company's 50-day moving average price is $25.03 and its two-hundred day moving average price is $25.96. Lenovo Group has a twelve month low of $19.79 and a twelve month high of $31.82. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.86 and a quick ratio of 0.58.

Lenovo Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 19th. Shareholders of record on Wednesday, November 27th were issued a $0.1984 dividend. The ex-dividend date was Wednesday, November 27th. Lenovo Group's payout ratio is currently 20.97%.

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.