Li Ning Company Limited (OTCMKTS:LNNGY) Sees Significant Decline in Short Interest

Li Ning Company Limited (OTCMKTS:LNNGY) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 99.0% from the February 29th total of 10,500 shares. Based on an average daily volume of 12,100 shares, the days-to-cover ratio is presently 0.0 days.

Li Ning Trading Up 4.0 %

LNNGY stock traded up $2.57 during midday trading on Thursday, hitting $66.55. The company’s stock had a trading volume of 3,340 shares, compared to its average volume of 8,904. Li Ning has a 12 month low of $48.37 and a 12 month high of $197.97. The company has a 50 day moving average of $61.36 and a two-hundred day moving average of $74.87.

Li Ning Company Profile

Li Ning Company Limited 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 footwear, apparel, equipment, and accessories for professional and leisure purposes primarily under the LI-NING brand.