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

Li Ning Company Limited (OTCMKTS:LNNGF) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 3,439,400 shares, an increase of 153.3% from the June 30th total of 1,357,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 34,394.0 days.

Li Ning Stock Performance

Li Ning stock remained flat at $1.89 during midday trading on Friday. The firm has a 50 day moving average of $2.39 and a 200-day moving average of $2.46. Li Ning has a 12 month low of $1.89 and a 12 month high of $5.95.

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.