Li Ning Company Limited (OTCMKTS:LNNGY) Short Interest Update

Li Ning Company Limited (OTCMKTS:LNNGY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 32,600 shares, a growth of 1,530.0% from the June 30th total of 2,000 shares. Based on an average daily trading volume, of 72,100 shares, the short-interest ratio is presently 0.5 days.

Li Ning Trading Down 1.9 %

Li Ning stock opened at $45.93 on Thursday. The firm has a 50 day simple moving average of $59.05 and a 200 day simple moving average of $61.08. Li Ning has a 1-year low of $45.71 and a 1-year high of $153.34.

Li Ning Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 15th. Stockholders of record on Tuesday, June 18th were given a dividend of $0.5702 per share. The ex-dividend date of this dividend was Tuesday, June 18th.

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.