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

Li Ning Company Limited (OTCMKTS:LNNGF) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 3,330,700 shares, a decline of 16.7% from the March 15th total of 3,996,900 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 16,653.5 days.

Li Ning Stock Down 2.4 %

LNNGF opened at $2.67 on Monday. The business’s 50 day moving average is $2.57 and its 200-day moving average is $2.79. Li Ning has a twelve month low of $1.99 and a twelve month high of $7.97.

About Li Ning

Li Ning Company Limited 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 footwear, apparel, equipment, and accessories for professional and leisure purposes primarily under the LI-NING brand.