Short Interest in Li Ning Company Limited (OTCMKTS:LNNGF) Declines By 17.5%

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

Li Ning Stock Performance

LNNGF opened at $2.29 on Thursday. Li Ning has a 52 week low of $1.62 and a 52 week high of $2.99. The stock’s fifty day moving average is $2.21 and its two-hundred day moving average is $2.17.

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.