Li Ning Company Limited (OTCMKTS:LNNGY) Sees Significant Decline in Short Interest

Li Ning Company Limited (OTCMKTS:LNNGY) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 100 shares, a drop of 99.0% from the February 29th total of 10,500 shares. Based on an average daily volume of 12,100 shares, the short-interest ratio is presently 0.0 days.

Li Ning Stock Up 4.0 %

Li Ning stock traded up $2.57 during midday trading on Thursday, hitting $66.55. The stock had a trading volume of 3,340 shares, compared to its average volume of 8,904. Li Ning has a 12 month low of $48.37 and a 12 month high of $197.97. The business has a fifty day moving average price of $61.36 and a 200 day moving average price of $74.87.

Li Ning Company Profile

Li Ning Company Limited engages in the research and development, design, manufacture, marketing, distribution, and retail of sporting goods in the People's Republic of China. The company offers sporting goods, including footwear, apparel, equipment, and accessories for professional and leisure purposes primarily under the LI-NING brand.