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

Li Ning Company Limited (OTCMKTS:LNNGY) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 4,300 shares, a growth of 1,333.3% from the February 28th total of 300 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 21,500 shares, the days-to-cover ratio is presently 0.2 days.

Li Ning Trading Up 1.0 %

LNNGY opened at $54.55 on Friday. The firm’s 50 day simple moving average is $54.10 and its two-hundred day simple moving average is $52.86. Li Ning has a 1-year low of $39.26 and a 1-year high of $79.28.

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.