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

Li Ning Company Limited (OTCMKTS:LNNGF) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 3,598,200 shares, a drop of 17.5% from the February 13th total of 4,361,000 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 35,982.0 days.

Li Ning Price Performance

Shares of LNNGF stock remained flat at $2.29 during trading hours on Tuesday. Li Ning has a 12 month low of $1.62 and a 12 month high of $2.99. The stock’s 50-day moving average is $2.21 and its 200 day moving average is $2.17.

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.