Li Ning Company Limited (OTCMKTS:LNNGY - Get Free Report) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 1,600 shares, a decrease of 68.0% from the December 31st total of 5,000 shares. Based on an average daily volume of 17,900 shares, the days-to-cover ratio is currently 0.1 days.
Li Ning Price Performance
Shares of OTCMKTS LNNGY traded up $1.09 during midday trading on Tuesday, hitting $52.19. 16,272 shares of the company's stock were exchanged, compared to its average volume of 19,604. The firm's fifty day simple moving average is $51.95 and its 200-day simple moving average is $50.31. Li Ning has a twelve month low of $39.26 and a twelve month high of $79.28.
About Li Ning
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Li Ning, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Li Ning wasn't on the list.
While Li Ning currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
