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

Li Ning Company Limited (OTCMKTS:LNNGY) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 5,000 shares, a decline of 63.8% from the November 30th total of 13,800 shares. Based on an average trading volume of 23,500 shares, the short-interest ratio is presently 0.2 days.

Li Ning Stock Down 1.9 %

Shares of OTCMKTS:LNNGY traded down $0.03 during trading hours on Thursday, hitting $54.37. 2,608 shares of the company’s stock traded hands, compared to its average volume of 13,642. The business has a fifty day moving average price of $52.54 and a 200-day moving average price of $51.17. Li Ning has a 1 year low of $39.26 and a 1 year high of $79.28.

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.