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

Li Ning Company Limited (OTCMKTS:LNNGY) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 4,300 shares, an increase of 1,333.3% from the February 28th total of 300 shares. Based on an average daily volume of 21,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Li Ning Stock Down 1.1 %

OTCMKTS:LNNGY traded down $0.58 during trading hours on Thursday, reaching $54.03. 2,948 shares of the stock were exchanged, compared to its average volume of 12,445. Li Ning has a twelve month low of $39.26 and a twelve month high of $79.28. The business has a 50-day moving average of $54.00 and a two-hundred day moving average of $52.85.

About Li Ning

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.