Short Interest in Li Ning Company Limited (OTCMKTS:LNNGY) Drops By 95.5%

Li Ning Company Limited (OTCMKTS:LNNGY) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 95.5% from the January 31st total of 2,200 shares. Based on an average daily trading volume, of 15,100 shares, the short-interest ratio is presently 0.0 days.

Li Ning Trading Down 3.0 %

OTCMKTS:LNNGY traded down $1.66 on Friday, hitting $54.54. 4,672 shares of the company’s stock traded hands, compared to its average volume of 13,327. Li Ning has a 1 year low of $39.26 and a 1 year high of $79.28. The firm has a 50-day moving average price of $51.86 and a 200-day moving average price of $51.29.

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.