Li Ning Company Limited (OTCMKTS:LNNGF – Get Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totalling 1,985,000 shares, a drop of 89.6% from the May 31st total of 19,175,700 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is presently 945.2 days.
Li Ning Stock Performance
LNNGF remained flat at $2.24 during midday trading on Friday. Li Ning has a 52-week low of $1.99 and a 52-week high of $5.95. The business’s fifty day simple moving average is $2.59 and its 200 day simple moving average is $2.51.
About Li Ning
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