Li Ning Company Limited (OTCMKTS:LNNGF) Sees Significant Decrease in Short Interest

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

Li Ning Stock Performance

Shares of Li Ning stock remained flat at $2.05 during trading on Monday. The business has a 50-day simple moving average of $2.18 and a two-hundred day simple moving average of $2.20. Li Ning has a twelve month low of $1.62 and a twelve month high of $2.99.

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.