Short Interest in Li Ning Company Limited (OTCMKTS:LNNGY) Grows By 209.1%

Li Ning Company Limited (OTCMKTS:LNNGYGet Free Report) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 3,400 shares, an increase of 209.1% from the March 31st total of 1,100 shares. Based on an average trading volume of 15,600 shares, the short-interest ratio is currently 0.2 days.

Li Ning Stock Performance

Shares of Li Ning stock opened at $63.45 on Friday. The business has a 50-day moving average of $63.65 and a 200 day moving average of $68.40. Li Ning has a 12 month low of $48.37 and a 12 month high of $181.72.

About Li Ning

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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.

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