Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report) was the target of a large drop in short interest in March. As of March 31st, there was short interest totalling 1,700 shares, a drop of 60.5% from the March 15th total of 4,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 18,700 shares, the short-interest ratio is presently 0.1 days.
Li Ning Stock Up 2.7 %
LNNGY traded up $1.30 on Friday, hitting $48.94. The company had a trading volume of 8,058 shares, compared to its average volume of 16,140. Li Ning has a 1-year low of $39.26 and a 1-year high of $79.28. The company's fifty day moving average price is $52.87 and its 200 day moving average price is $52.85.
About Li Ning
(
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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.
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