Li Ning Company Limited (OTCMKTS:LNNGF) Sees Large Decrease in Short Interest

Li Ning Company Limited (OTCMKTS:LNNGF) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 2,388,700 shares, a decline of 33.6% from the February 28th total of 3,598,200 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 2,985.9 days.

Li Ning Stock Performance

Li Ning stock remained flat at $2.05 during mid-day trading on Friday. The business has a fifty day moving average of $2.18 and a two-hundred day moving average of $2.19. Li Ning has a twelve month low of $1.62 and a twelve month high of $2.99.

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.