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

Li Ning Company Limited (OTCMKTS:LNNGY) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 2,200 shares, a drop of 68.1% from the January 15th total of 6,900 shares. Based on an average daily trading volume, of 24,000 shares, the short-interest ratio is presently 0.1 days.

Li Ning Stock Up 0.9 %

Shares of LNNGY stock traded up $0.48 during trading on Wednesday, hitting $51.29. 4,537 shares of the stock traded hands, compared to its average volume of 15,619. Li Ning has a 52-week low of $39.26 and a 52-week high of $79.28. The firm’s fifty day moving average price is $52.08 and its 200-day moving average price is $50.59.

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.