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

Li Ning Company Limited (OTCMKTS:LNNGF) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 3,598,200 shares, a decrease of 17.5% from the February 13th total of 4,361,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 35,982.0 days.

Li Ning Price Performance

Shares of OTCMKTS:LNNGF remained flat at $2.29 during midday trading on Wednesday. Li Ning has a fifty-two week low of $1.62 and a fifty-two week high of $2.99. The stock’s 50-day simple moving average is $2.21 and its two-hundred day simple moving average is $2.17.

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.