Short Interest in Li Ning Company Limited (OTCMKTS:LNNGY) Grows By 1,333.3%

Li Ning Company Limited (OTCMKTS:LNNGY) saw a large 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. Based on an average daily volume of 21,500 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Li Ning Trading Down 1.1 %

OTCMKTS LNNGY traded down $0.58 on Wednesday, reaching $54.03. 2,948 shares of the stock traded hands, compared to its average volume of 12,445. Li Ning has a 12 month low of $39.26 and a 12 month high of $79.28. The company has a fifty day moving average price of $54.00 and a 200-day moving average price of $52.85.

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.