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

Li Ning Company Limited (OTCMKTS:LNNGY) saw a significant drop in short interest in May. As of May 31st, there was short interest totalling 900 shares, a drop of 60.9% from the May 15th total of 2,300 shares. Based on an average daily trading volume, of 25,100 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Li Ning Trading Down 1.7%

Shares of LNNGY opened at $50.10 on Friday. Li Ning has a 52 week low of $39.26 and a 52 week high of $68.58. The business’s fifty day moving average price is $48.33 and its two-hundred day moving average price is $51.42.

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.