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

Li Ning Company Limited (OTCMKTS:LNNGY) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 95.5% from the January 31st total of 2,200 shares. Based on an average trading volume of 15,100 shares, the days-to-cover ratio is presently 0.0 days.

Li Ning Stock Up 1.0 %

Shares of Li Ning stock traded up $0.56 during trading on Thursday, reaching $56.20. The company’s stock had a trading volume of 4,855 shares, compared to its average volume of 13,557. The company has a 50-day simple moving average of $51.80 and a two-hundred day simple moving average of $51.19. Li Ning has a 1-year low of $39.26 and a 1-year high of $79.28.

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.