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

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

Li Ning Stock Performance

LNNGF remained flat at $2.05 during trading on Friday. The stock has a fifty day moving average of $2.18 and a 200 day moving average of $2.19. Li Ning has a 52 week low of $1.62 and a 52 week high of $2.99.

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.