Li Ning Company Limited (OTCMKTS:LNNGF) Short Interest Update

Li Ning Company Limited (OTCMKTS:LNNGF) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 4,361,000 shares, a drop of 12.5% from the January 31st total of 4,983,600 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 14,536.7 days.

Li Ning Stock Performance

Shares of LNNGF remained flat at $2.20 during mid-day trading on Thursday. Li Ning has a 52 week low of $1.62 and a 52 week high of $2.99. The firm has a 50-day moving average of $2.24 and a two-hundred day moving average of $2.14.

Li Ning Company Profile

Li Ning Company Limited, a sports brand company, 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 professional and leisure footwear, apparel, equipment, and accessories under the LI-NING brand.