Li Ning Company Limited (OTCMKTS:LNNGY) Short Interest Down 99.0% in March

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

Li Ning Stock Performance

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

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.